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7.4¢ 5e advanced materials inc.

Ann: 5EA UPDATE ON INITIAL BORON AND LITHIUM PRODUCTION, page-28

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Pantsugeta

73 Posts.

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23/12/22

22:56

Post #: 65437423
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Originally posted by Frederick26: ↑

450,000 shares dumped in the last 15 minutes doesn't bode well for tonight's session in the US, Clearly there is still an overhang of stock from an index, or a major shareholder exiting the company.
The leaders of this Company must know who's selling, so are lacking transparency by saying they can't understand where the selling is coming from, or are maybe incompetent by not knowing. Surely you would have enough knowledge of the register to know who is selling stock in the millions, firstly into yesterdays good announcement and then again late today. Which is where the doubt comes into it for all the other shareholders. Why is someone selling so much stock, most likely a sophisticated investor. with an intimate knowledge of the company when it is so close, to commissioning and ultimately production, (3 and 6 months respectively).
It just doesn't feel right.
Am I being over negative, or is anyone else feeling the same way?

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5EA Price at posting: $1.32 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 7.4¢		Change 0.002(2.78%)		Mkt cap ! $24.67M

Open	High	Low	Value	Volume
7.2¢	7.4¢	7.2¢	$10.15K	140.9K

Buyers (Bids)

No.	Vol.	Price($)
1	29300	7.0¢

Sellers (Offers)

Price($)	Vol.	No.
7.4¢	23148	1

View Market Depth

No.	Vol.	Price($)
1	29300	0.070
2	57963	0.069
1	3076	0.067
1	5000	0.065
2	123400	0.062

Price($)	Vol.	No.
0.074	23148	1
0.075	50000	1
0.078	25913	2
0.085	75000	1
0.092	8000	1

Last trade - 16.10pm 30/09/2024 (20 minute delay)

5EA (ASX) Chart