Since the Glencore announcement we have not traded under 200K of shares per day. Today will be the first day to close on low volume and we will need more news to keep the SP heading north in imo.
As at 3.38pm AEST only 55650 shares have traded.
While there is no news it will be interesting if a base of 70c is formed......
A little piece of trivia:
Since Glencore announcement we have seen only 2,895,950 trade hands. That again is only 1% of the share capital prior to Glencore deal that has traded and moved the share price some ~40%.
This demonstrates how tightly this stock is held and also how high this SP will move/react to more positive news and future confirmation of Glencore/BHP & BTR position going forward. (IMHO)
Awesome..
Cheers, Snap
BTR Price at posting:
69.2¢ Sentiment: LT Buy Disclosure: Held
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