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Ann: West Arunta Project - Luni Assay Results, page-130

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    I asked ChatGPT to analyse the trading patterns .. what a time to be alive.

    Next, I'll calculate the percentage change in the share price and then analyze the correlation with the volume spikes to see if there's a recurring strategy being employed.
    Let's proceed with that analysis.
    I have identified significant price drops and volume spikes based on the set thresholds. Significant price drops are those that are equal to or greater than a 0.5% decrease in price, and volume spikes are those where the volume increase is equal to or greater than 50%.
    From the heads of these filtered datasets, we can see some instances where there are both significant price drops and volume spikes.

    For example, at 10:09:17 AM, there was a price drop of approximately 0.61%, followed by an enormous volume spike (over 2000% increase). Similarly, at 10:17:06 AM, a 1.62% drop is followed by an incredible 59900% increase in volume, which may indicate a buy-up after the price drop. There are other instances, but these stand out significantly.

    This pattern, if consistent, could suggest a strategy where the price is pushed down (possibly through large sell orders or a series of smaller sales that cumulatively have a big impact) to then accumulate shares at a lower price, as indicated by the subsequent volume spikes.
    Further statistical analysis could include correlation analysis or a detailed time series analysis to look for consistently timed transactions following these drops, which would require a more thorough and nuanced look at the timestamps and sequences of transactions.
    For a more detailed understanding, I could examine the full dataset for more instances of this pattern and potentially conduct a statistical test to determine if these patterns are significant and not due to chance.Would you like me to proceed with this extended analysis?
    ===Yes===
    The extended analysis reveals several instances where there is a significant price drop followed by a volume spike within a 5-minute window.
    Here are some details from the first few instances found:At 10:09:17 AM, the price dropped to $9.83 with a volume of 1,815 shares. Within 23 seconds, there was a volume spike with transactions of 2,900 shares at $9.90, 2,500 shares at $9.89, and 4,911 shares at $9.89.
    These volume spikes are associated with slight changes in price, with one transaction even seeing a price increase.
    This pattern of a significant drop in price followed by a spike in volume in such a short time frame could suggest a trading strategy that aims to manipulate the price.
    The quick succession of a drop and spike might indicate an attempt to push the price down to buy back at a lower price.

    GLTAH
 
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