TON 16.7% 1.0¢ triton minerals ltd

To sort out, get some sort of idea on What Happened in last...

  1. 7,432 Posts.
    To sort out, get some sort of idea on What Happened in last Weeks Trading.  The BROKERS REPORT data is Needed dor the 1st and 2nd of April. It appears that the 2nd of April Data will not be available til Wed.

    The 2 days not just Wednesdays' is required to confirm, well What COULD this Data confirm?

    The data gives the buy/sell Nett of the Boutique Brokers. Boutique Brokers are usually the "platform" Big Money Operates Thru Institutional and High Nett Worth Individuals.
    A corner stone/JV partner all the "dream re raters" would use Boutique Brokers who can use bots, depth padding, all the 'tricks' to Accumulate or Distribute On Market. A high nett worth Individual for example just gives the Boutique an Order and leaves the Broker to it.
    Whereas a Wanna Be High Nett Worther and the hoi polloi use Commsec or Etrade and often well get it wrong.

    Anyway Beginning of the Run. TON did 15/30's Data of NETT Buying by Boutiques was produced. Trading Halt got lifted 3 days later to Open at 60 peak out at 72  next day back to 41. Two Days Volume was 100million shares.
    Now that isn't 100mil of the total 350mil on issue. It's 100mil TURNOVER. Lot of pass the parcel went on, a "set number" for eg say 1 million shares did trade a dozen times giving a Volume Addition of 12 million shares to the Figures but only 1 million was involved CHURNED.

    Anyhow Did the Boutique Brokers continue to Accumulate the Abundant Supply available 40/72?
    Did they NETT Buy SIGNIFICANTLY?
    If any Just One of them Did? SIGNIFIACANTLY
    Then that'd be a Good Indication Proof even that YES someone Big is after TON.

    But if there is not a Single One of the Boutiques Nett Buying Significantly ?
    Well TON has been Rerated to the 30/40's. Broken it's Months Long DownTrend.
    Has found a Paddle Whatever and is in a Good or at least Better Position to Reveal it's Plot.

    As @Dr.Seuss pointed out when he posted the Broker Reports originally. The se Brokers can move a Share Price anywhere they want BUT they are not necessarily Long Term Investors. They Are NOT AMP like institutions. They're just Big Boys getting a Feed, Making a Buck. Month in Month out.

    AND THEY do it both Ways, Long and Short which reminds me The Short List for the 1st and 2nd of April won't be available I think til Wed either.

    So this all makes interpreting Tuesday's Trading, forecasting, calling prices a 'guessing' game.

    Maybe Brad will call a TH pre Open? and all the rah rah vs hater, up vs downramp 'Fighting" will be irrelevant? but hang on it's already Irrelevant.
 
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Last
1.0¢
Change
-0.002(16.7%)
Mkt cap ! $15.68M
Open High Low Value Volume
1.0¢ 1.0¢ 1.0¢ $5.104K 510.3K

Buyers (Bids)

No. Vol. Price($)
3 576387 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 1205144 3
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Last trade - 16.10pm 16/10/2024 (20 minute delay) ?
TON (ASX) Chart
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