Folks,
I will hand the prize for MRE tree shaking to the accumulating brokers.
They spook the market early by dumping a couple of hundred thousand so that the short-term hangers-on run in panic for the exit. It helps if some brokers have recommended a sell which will get some long-timers dropping their bundle as well.
My guess is that they will trickle in some more selling as soon as it looks likely to break above the $5.00 mark.
I was hoping they would spark a more general collapse down to the 4.80s but maybe that's hoping for too much; considering the tight supply position of nickel and the massive demand the stupidity they are exploiting isn't limitless.
(Sir) Lunchalot
Scoffer Extraordinairre
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Last
$1.98 |
Change
0.000(0.00%) |
Mkt cap ! $299.8M | |||
| Open | High | Low | Value | Volume |
| $1.98 | $1.98 | $1.97 | $450.3K | 228.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 471332 | $1.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.99 | 17582 | 2 |
View Market Depth
| Last trade - 15.58pm 15/09/2025 (20 minute delay) ? |
| MRE (ASX) Chart |