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NSL - what happens next?, page-43

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BoroBoyinoz

7,618 Posts.

1292

25/10/17

18:54

Post #: 28193757
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Originally posted by _DynamiteDan ↑

My understanding is that it was multiple smaller sells down into a single larger buy (2.2m + shares this AM on Commsec) at 2.5c, we know a big buyer has chased the price up the past week, we know they're a big buyer because of order volumes and the fact that little buyers don't have access to bots.

My inference is that buyer has now got quota so possibly pulled an existing order at 2.4c still in the buy queue. There is also 5m shares still in the sell queue that look suspiciously like capping, if these are related then that buyer has the volume to play and manipulate with and could be a big player or insto.

IMHO, there appears to be a number of coincidences here and I'm just trying to build a single scenario that satisfies them all. If you've interpreted the facts differently then please share, I'm interested to know your opinion, otherwise just ignore me, thanks bud.

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You seem to make a few good points dan, although I must admit your self confidence seems a bit dodgy for someone with only 13 posts?

NSL Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
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