CPN 7.84% 5.5¢ caspin resources limited

interesting day

  1. 1,263 Posts.
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    Accumulation over the last few days was the sign for today's announcement......imo

    You had the 200k bidder at 20 cents on Monday & Tuesday who picked up what was on offer at the open , both days his bid hit the boards around 2 hours prior to open. Todays bidder of 1m at 20 cents certainly cleaned out the board when the market opened. Very interesting, i remember someone clearing the board at 16 cents some time ago also with a 500k trade.

    With today's announcement, interesting to see the placement going to also "Australian Investors"".....this was not mentioned previously,.....hmm i wonder if any went Mr Smith's way, Personally, i.m.o. i dont think so, but you never know what deals have been done behind closed doors. ....?

    An interesting day for sure !!!

    CPNR already @ 8p on the AIM....small volume to date.

    Cheers
    R
 
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