AL3

3.03%

16.0¢ aml3d limited

RE: Report, page-24

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Northy88

26 Posts.

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15/10/21

13:22

Post #: 56828309
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Originally posted by tradingformils: ↑

We went through their last month of trades from 23 Aug to 28 Sept (when they announced the 'Ceasing to be a substantial holder' update).

During this time, Perennial did roughly 30-35% of the daily average volume; however, the run rate picked up to 40-45% during the last 4-7 trading days.

Perennial sold 1.76 million shares between 22-24 Sept. They were down to 7.346M shares as at 24 Sept.

Looking at the daily volume and estimating that they did 35-40% of the trading, we got that ~5M estimate that we mentioned earlier in this thread.

It wasn't just picked out of the blue.

That said, Perennial might have sold more than we estimated and - in fact - the ~4M share sale today might be the final trade.

That means that Perennial could be out for good!

Keep in mind, Perennial did multiple 3-4M trades on the 14th of Sept (see announcement on 23 Sept).

So, while this 4M trade seem positive, we can't get excited yet...

We NOW need buying volume to suggest that Perennial's out for good.

Fingers crossed they are because they would have weighed on the share price action for several more weeks.

We need a good piece of news to send the share price skyrocketing.

Anyone that buys around these price levels, in our opinion, should make good money!

To your first million,
-Trading For Millions.

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Great thanks for the insight. Wish i had some more $$ to buy at these levels so guess i just have to wait it out to get back above 26c but im sure it will some time in the near future. Cheers and good luck to all who are getting in at these prices

AL3 Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
Last 16.0¢		Change -0.005(3.03%)		Mkt cap ! $60.33M

Open	High	Low	Value	Volume
16.5¢	17.0¢	16.0¢	$321.7K	2.004M

Buyers (Bids)

No.	Vol.	Price($)
7	95276	16.0¢

Sellers (Offers)

Price($)	Vol.	No.
16.5¢	390129	5

View Market Depth

No.	Vol.	Price($)
4	79608	0.160
24	797971	0.155
32	1413463	0.150
15	509207	0.145
21	1030055	0.140

Price($)	Vol.	No.
0.165	306484	4
0.170	170303	5
0.175	189416	5
0.180	284792	6
0.185	290502	10

Last trade - 16.10pm 02/08/2024 (20 minute delay)

AL3 (ASX) Chart

RE: Report, page-24

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

GreenX picks up prospective copper project in Germany

Westgold sets its sights on top five producer status through merger with Karora

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Is oil undervalued?

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Venture to sniff out high-grade REE targets at Jupiter project, WA

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

RE: Report, page-24

Top Stories

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

GreenX picks up prospective copper project in Germany

Westgold sets its sights on top five producer status through merger with Karora

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Is oil undervalued?

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Venture to sniff out high-grade REE targets at Jupiter project, WA

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News