AKO 0.00% 12.0¢ akora resources limited

There are an awful lot of shares that have been traded on market...

  1. 2,477 Posts.
    lightbulb Created with Sketch. 1682
    There are an awful lot of shares that have been traded on market in the last few months.

    I estimate about 3m shares have been traded recently, and there another 1.1m currently available.

    This supply of shares can only come from one or more large holders liquidating their positions.

    I know of one person who has accumulated about 3m shares recently. Long term investor, so that is a good outcome.

    Iron ore is still above $120 USD/t, not that it really effects us as we are not a producer, but it helps make the numbers look good when doing calculations, and it also helps keep the longer term average higher.

    https://hotcopper.com.au/data/attachments/5596/5596322-8845fdfb6db4f49a55b9e5c1d93e0c2e.jpg
    Last edited by thecrabpest: 21/09/23
 
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