I have a feeling it's one of the large brokering firms that got in on the recent raising at 3.2c.
They are obviously using the announcement days to offload. Why? Who know's....
I would be interested to know how much stock they have left as NUP have traded well over 15M shares in the last 7 trading days including today. Add this to our last big days in November where over 35M shares were traded in a week from the 11th - 17th and then just under 10M from the 7th December -16th December.
Once these are cleared then blue sky's are ahead imo.
I see rum had nearly 1 Million shares traded today ($350k approx) , for similar trading on Nup we would be trading around 10 Million shares for the day. As another poster pointed out this is what we need.
I'm sure Andrew must be frustrated like us all with the current SP and is doing everything he can behind the scenes to get the price moving to where it should be. Ie- Roadshows etc.
I will be using the current low SP as an opportunity to buy more under 3.5c as I reckon they are a gift at these prices.
With what I reckon we have roughly proved up with last assays (250M Tonnes Phosphate) the wall has to break sooner rather than later fellow nuppers.
Add to My Watchlist
What is My Watchlist?