NWC 0.00% 1.7¢ new world resources limited

Ann: Drilling commences at the new Bullhorn VMS Target, page-10

  1. 2ic
    5,941 Posts.
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    After not making >1M shares traded per day last 5 trading days, raised my eyebrows yesterday when a retail looking bid of 1M shares round jumped ahead of the queue at 3.5c before open. Hello i thought... where has this rush of blood come from? Thinking it may finally be someone front running some better looking drill core I jumped in front for another 150k 3.5c nibble to back up my efficient market hypothesis theory.

    Turns out it with no follow-through buying it probably wasn't good core from Discuss, just following day release drilling started into Bullhorn. Never said share price action was a perfect indicator... any decent massive sulphide hits I would expect more than one buyer jumping over each other on the rumour.

    GLTAH
 
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