Over the past few days almost every time the stock is ticked up, a handful (tens to a few hundred) of shares are sold at the bid price to reflect a lower price.
This occurs within seconds of the trade occuring.
For example, at 11:02:54, the last tick was 4.9; 41s later 40 shares were sold at 4.6.
Similarly, at 11:06:08, again the last tick was 4.9 & 51s later 903 shares were sold at 4.7.
This has been going on for days & I read it as manipulation by a buyer attempting to accumulate as much as possible at current levels.
However, vol seems to be drying up here.
A break of 5.2 should see a move to 6.
Just checked TL's LinkedIn & I see that M Critical Minerals posted about the site visit of Gerhard Redelinghuys.
GEAR & MCM are VERY SMART MONEY.
The placement report uses the term, "Strategic", 5 times.
I don't think this was coincidental.
IMHO, the addition of these 2 groups to the register means that TM1 is "in play".
The only 2 questions to be answered are: when & how much?
Suffice to say I'm happy that Tribeca have a blocking stake & the stock owes them many multiples of current levels.
Similarly, Glenn Whiddon has a blocking stake & I think he's not in desparate need for money & will want to optimise his gains.
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TM1
terra metals limited
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4.5¢

Ann: Drilling Approvals Received & Field Work Recommenced, page-53
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Last
4.5¢ |
Change
-0.001(2.17%) |
Mkt cap ! $21.50M |
Open | High | Low | Value | Volume |
4.7¢ | 4.9¢ | 4.5¢ | $25.32K | 544.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 539561 | 4.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.7¢ | 1828 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 139561 | 0.045 |
3 | 650522 | 0.044 |
1 | 100000 | 0.043 |
1 | 100000 | 0.042 |
1 | 100000 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.047 | 1828 | 1 |
0.049 | 280000 | 2 |
0.050 | 247717 | 2 |
0.051 | 37500 | 1 |
0.052 | 996959 | 1 |
Last trade - 15.55pm 26/06/2025 (20 minute delay) ? |
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