RNU 3.90% 8.0¢ renascor resources limited

General Discussions, page-21015

  1. 614 Posts.
    lightbulb Created with Sketch. 203
    just throwing a thought out there.

    On 15 Dec 22, we had a selling day with volumes circa 56m. The SP H=260, L=225, C=230. Today's volume 71m, H=200, L=19, C=200.

    I know about the re indexing but, I'm curious how much of these trades are related? If they were totally related (BTW I don't think they are, it's just a curiosity and a bit of fun) 15/12/2022 H=260 - today C=200 there's a 6c difference. Multiplied by 15/dec volume you get 6c * 56m = ~$3.36m. If those trades were 100% related, someone pocketed $3.36M profit between dec and now and still holds 56m shares.

    Cool hey. Why couldn't that have been me? If it was, the bar would be open on my tropical island guys biggrin.png. Now fun part.

    If we bought more shares with profit ($3360000 / 20c) you'd have 16800000 more shares, with a total number of held shares being this + 56m equals ~72m shares. There's a bit of coincidence in that number and todays volume hey?

    C



 
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Last
8.0¢
Change
0.003(3.90%)
Mkt cap ! $203.3M
Open High Low Value Volume
7.8¢ 8.0¢ 7.7¢ $309.9K 3.948M

Buyers (Bids)

No. Vol. Price($)
1 5000 7.9¢
 

Sellers (Offers)

Price($) Vol. No.
8.0¢ 48205 1
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