Just a little update on the nickel ETF, obviously can’t assume they are the only people churning Ardea but anyone watching the trades can see it’s being churned.
ETF increased up over 800k shares held around the 11th, since then as we seen the SP drop they have dropped their holding back to 730k.
Time will tell if they start to accumulate again it may be they have deliberately dumped a few to drop the price and then accumulate again.
Whilst we have relatively few shares that aren’t tightly held with such little interest the SP can be manipulated easily on small volumes.
Clockwork Smurf predicted 50 cents around this tax loss selling time some time ago, at some point interest will build and likewise the SP will rise on small volume.
Ann: ARL SMM and MC to form a JV to develop KNP Goongarrie Hub, page-393
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Last
37.5¢ |
Change
-0.025(6.25%) |
Mkt cap ! $74.88M | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 40.0¢ | 37.5¢ | $50.49K | 129.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14286 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 1729 | 1 |
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