CTM 2.94% 35.0¢ centaurus metals limited

Ann: Becoming a substantial holder, page-8

  1. 321 Posts.
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    I think he is also called as "The Nickel King"...refer this from @Giant1 for more info 40503992

    Apart from the obvious info that he was one of the big hitters last week, what's even more interesting is:

    14th May 1.3mil @ 24.2 average, but that's 82.5% of the entire volume traded in ASX and Chi-x that day
    15th May 1.8mil @ 24.8 average, but that's 46.2% of the entire volume traded in ASX and Chi-x that day

    A single party grabbing that much of a volume on consecutive days, that too when the the stock is in an uptrend at 52weeks high is bullish I think. He is late to the party (i.e. haven't bought at 17c levels when Jaguar south news was out), but he is not hesitant to pay ~50% premium now. You would expect that he expects at least 40-50% return on his new investment IMO

    Reinforces that 24c which acted as a previous resistance is now acting as a support (500k order sitting there today ready to get filled if anyone panics), and sell side (at least declared sells) looks thinner compared to the previous days, hopefully onwards and upwards from here. Good luck to all!
 
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Last
35.0¢
Change
0.010(2.94%)
Mkt cap ! $173.6M
Open High Low Value Volume
34.0¢ 36.0¢ 34.0¢ $79.65K 230.3K

Buyers (Bids)

No. Vol. Price($)
5 61564 34.5¢
 

Sellers (Offers)

Price($) Vol. No.
35.0¢ 22280 2
View Market Depth
Last trade - 13.55pm 22/07/2024 (20 minute delay) ?
CTM (ASX) Chart
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