Ultra-short term moves for a pip or 2 are almost certainly of zero interest of the big boys whom are accumulating this at the moment imo
One only needs to look at the broker data today (which shows the first 2 days since the acquisition announcement)
The biggest net buyers and all professional broking houses & the largest net sellers are retail via CommSec & Finex etc
This is exactly how the register tightens up as the stock is soaked & put away by the network of the vendors imo
The largest Net Buyers are:
- Bell Potter +800,000 shares
- UBS +529,880 shares
- Argonaut +300,000 shares
- Shaw +175,000 shares
This is in contrast to the largest Net Sellers being:
- FinEx -472,753 shares
- Third Party -422,856
- CommSec -223,108
For those who saw the MEI broker data very early on, you'll remember Bell Potter, UBS & Argonaut & Shaws were all very aggressive net buyers also.
I am loving what I am seeing, and yes, wouldn't it be amazing to be green every day, but that's not how the world works.
The Net Buying by the big boys only goes to further tighten what was imo an already tight register.
James Bay is the place to be at the moment for Lithium & Tolga/Jody partnership have done it before with PMET/PMT
Let's see what happens in the coming weeks & then boots are on the ground over in Canada.
Goodluck all & DYOR - this is all imo
- Forums
- ASX - By Stock
- RB6
- Ann: Acquisition of Ceiling Lithium Project, James Bay, Quebec
Ann: Acquisition of Ceiling Lithium Project, James Bay, Quebec, page-52
-
- There are more pages in this discussion • 133 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
Add RB6 (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.363M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 86978 | 7.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 200000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 86978 | 0.071 |
1 | 200000 | 0.070 |
1 | 100000 | 0.069 |
1 | 100000 | 0.068 |
1 | 90000 | 0.062 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 200000 | 1 |
0.082 | 50000 | 1 |
0.090 | 11000 | 1 |
0.100 | 125000 | 1 |
0.130 | 100000 | 1 |
Last trade - 16.12pm 04/10/2024 (20 minute delay) ? |
Featured News
RB6 (ASX) Chart |
Day chart unavailable