PRU 0.37% $2.70 perseus mining limited

Ann: Becoming a substantial holder, page-38

  1. 2,060 Posts.
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    31.5c hit toward close and got sold off with lower volume, the volume was higher on the rise up again suggesting a capping manipulation by our illustrious top 22 holders.

    Last time I checked it was 18 December not 11 September! that was 3 months ago and whats happened since 11 Sept, 3 sub holders notices, 2 new sub holders, AusSuper & Ruffer, Van Eck buying a lot more also at bi annual lows.

    Dont believe the manipulation, its a mini shakeout by the Instos who want PRU shares before the commissioning of Sissingue and theres only ~ 5% of free float shares left to trade as our top 22 hold some 86% of the shares about the same as SAR RRLs top 20 with production guidance at 30% less than SAR RRL but with a market cap 4-7 times smaller.

    Ask yourself who would buy at 33c and sell at 30.5c? A retailer? nope. We know AustSuper & Macq are daily buying and selling on the broker info & their disclosed trades then AustSUper then buys a large offer.
    So expect the same pattern tmrw 30.5 -32.5 as Au price breaks out again & Sissingue gets even more closer to starting.

 
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Last
$2.70
Change
0.010(0.37%)
Mkt cap ! $3.721B
Open High Low Value Volume
$2.67 $2.74 $2.67 $6.556M 2.430M

Buyers (Bids)

No. Vol. Price($)
39 88603 $2.70
 

Sellers (Offers)

Price($) Vol. No.
$2.71 38699 23
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Last trade - 12.49pm 29/08/2024 (20 minute delay) ?
PRU (ASX) Chart
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