KDR 0.00% $1.90 kidman resources limited

12th day of higher (or same) lows, page-23

  1. 5,776 Posts.
    lightbulb Created with Sketch. 3663
    kyuss,

    It appears someone is trying to keep the price around these levels and accumulate as much as they can.
    The 200 thousand that appeared at 35c did so when there was not much buying support. I doubt whether he was a genuine seller. He didn't hang around for long.
    Just long enough to encourage a few people to panic and sell back down to 34c.
    Tomorrow we will see if the buyers come back as they did this morning.
    My bet is they will suck out the sellers and then go away as they have been doing.
    Check out the stock bought in the first 2 hours compared to the last 4 hours over the past 2 weeks.
    There is definately a pattern on the buying activity.
    Today they managed to get hold of another 2 million shares without the share price really moving up. Only up 0.5c for the day.

 
watchlist Created with Sketch. Add KDR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.