CHZ 0.00% 10.5¢ chesser resources limited

Ann: Quarterly Report - Period Ending 30 September 2021, page-7

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  1. 1,588 Posts.
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    I check the CHZ SP, and the Course Of Sales, every day- but usually only once per day.

    The busy bot (I assume it is still from the Canadian Silver Corp Fund) has returned, after being absent for about a week. It is buying about every 5 minutes, for between 12682 - 13144 shares on each occasion, always at 13 c per share (when I looked at 2.40 pm).

    At 14.10 & 14.15 pm, the amount was exactly the same, each time 12682 shares- ditto14.25 & 14.30, 12945 shares each time.

    Silver Corp has been buying with its bot nearly every day since early August 2021; & it never tries to disguise its buying, it's so obvious.

    Anyone care to guess its motivations?
    Does it know, or have a strong assumption, on information that has not been publicly released to the market?

    Has anyone seen a similar practice with other ASX cos. & what was the outcome?
    Last edited by Montalbano: 21/10/21
 
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