A lot of bulk increasing on the buy side from over a month ago. APC moving again I would think. I am unclear if this is because of stock trading firms pumping money into the stock or because of some investors catching wind of something. There has been a lot of big transactions of over 300k to 400k bulk share trades in last 3 days. Speculative investors maybe. Potentially could be result of funding approval becoming imminent. We shall find out if we receive an announcement soon. It really doesn't make sense why there has been a substantial flip in buy positions and volumes coming through. The only other explanation I can provide is that other potash play investors have moved over to the star wars Jedi side as they cant trade anymore due to trading halt or because there will be an obvious dilution due to capital raising.
I would love to hear some commentary on how first to market mistakes are going to be mitigated in APC's operations. Obviously lessons have to be learnt from SO4 and KLL.
APC Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
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