HMX hammer metals limited

First Thread

  1. 95 Posts.
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    I attempted to reply to the post of Alexei ii but was unable to. It seems that there might be a 'bug' out there and and tried my reply and used a similar thread name.

    Hi Alexei ii

    I liked your article and share your opinion of the company.

    I had some issues in understanding some of the context and I would appreciate it, if you would elaborate on the following.

    " Stillscratching my head to work out who was behind the sudden buying volume. Sure,bots were at work and shorters/day traders etc would account for some of it,but 250M is a massive volume."
    Is the above in reference to the shares taking off at 3.2 (or3.3) and going to 9.7 or in reference to the resistance when they slipped backto 6.7 and then finished at 7.5 ?

    " Big numbers arehard to hide. It tells you that someone is there ready to pull the trigger onthis, and they went in and bought everything that popped its head up on thisearly stage good news. They were ready, they know what it takes to inducepeople to sell, they had their eye on this for a while and they know whattheyre buying. Í would suggest this "must buy" on good news directiveresulted in the massive volume and it drove the price up. These buyers havewhat they wanted, and are now sitting back to mop up a bit more, as morenervous nellies part with their holdings, to achieve their "freecarry". "
    In the above, you use the singular word, 'someone' and then you mention ' buyers', and I'm wondering if you are saying that the majority of the shares traded were acquired by the one entity?

    I felt your post was most interesting and would be interested in reading anything further that you might like to add.

    Kind regards

 
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(20min delay)
Last
2.7¢
Change
-0.001(3.57%)
Mkt cap ! $23.96M
Open High Low Value Volume
2.9¢ 2.9¢ 2.7¢ $10.61K 390.3K

Buyers (Bids)

No. Vol. Price($)
3 501000 2.6¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 81 1
View Market Depth
Last trade - 15.21pm 29/08/2025 (20 minute delay) ?
HMX (ASX) Chart
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