URA 5.56% 1.7¢ uran limited

high volume going through, page-99

  1. 6,591 Posts.
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    By the way, you can pick out at least a few million shares in capping at 3.9-4 cents.

    If that many people were really wanting to bail, the share price would be down alot more than 0.1cents today. Yet again, today's trading has been on quite light volume compared to the past few weeks.

    Furthermore if instos were pumping this just to raise the VWAP for a cap raising, they would not cap the share price at 4cents. Management would be wanting the share price to run. But this is not what is happening. Someone doesn't want the price to run. Why? One word. ACCUMULATION!

    All in my opinion, I don't know this for a fact, but I have seen this very similar action on a couple of other stocks in recent times. More often than not, news is released, it's better than expected, the cappers flee, and the share price takes off! Here's hoping URA repeats the pattern.
 
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Currently unlisted public company.

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