LRC laguna resources nl

distribution

  1. 4,252 Posts.
    lightbulb Created with Sketch. 23
    Just a thought, and I would like some feedback

    There appears to be some distribution of shares going on. This would explain the late buy up last Thursday, and last Friday morning. It would also explain off screen sells today.

    Or it could be nothing.

    They just make it appear that the SP is strong so that buyers can keep on buying. While those who have bought slowly but surely post their selling orders causing the selling queue to start piling up.

    ...slowly but surely the shares of LRC is not as "tightly held" as it appears?? In other words, getting more shares out to the masses (in preparation for a SPP ?). The more shares the punters own, the more participants in a likley SPP.

    I'm not saying it's a bad thing. It's just my observations.

    Cheers


    eMark



 
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