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35.0¢ centaurus metals limited

Ann: Becoming a substantial holder, page-9

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Von Rico

4,755 Posts.

1116

20/05/20

10:06

Post #: 44718780
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Originally posted by buddi: ↑

I think he is also called as "The Nickel King"...refer this from @Giant1 for more info 40503992

Apart from the obvious info that he was one of the big hitters last week, what's even more interesting is:

14th May 1.3mil @ 24.2 average, but that's 82.5% of the entire volume traded in ASX and Chi-x that day
15th May 1.8mil @ 24.8 average, but that's 46.2% of the entire volume traded in ASX and Chi-x that day

A single party grabbing that much of a volume on consecutive days, that too when the the stock is in an uptrend at 52weeks high is bullish I think. He is late to the party (i.e. haven't bought at 17c levels when Jaguar south news was out), but he is not hesitant to pay ~50% premium now. You would expect that he expects at least 40-50% return on his new investment IMO

Reinforces that 24c which acted as a previous resistance is now acting as a support (500k order sitting there today ready to get filled if anyone panics), and sell side (at least declared sells) looks thinner compared to the previous days, hopefully onwards and upwards from here. Good luck to all!

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looks like he’s happy to soak up whatever comes on market at current levels creating new support level.

CTM Price at posting: 26.5¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

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(20min delay)
Last 35.0¢		Change 0.010(2.94%)		Mkt cap ! $171.1M

Open	High	Low	Value	Volume
34.0¢	36.0¢	34.0¢	$64.59K	187.0K

Buyers (Bids)

No.	Vol.	Price($)
2	12807	34.5¢

Sellers (Offers)

Price($)	Vol.	No.
35.0¢	26445	4

View Market Depth

No.	Vol.	Price($)
2	12807	0.345
5	32826	0.340
4	11768	0.335
6	31951	0.330
3	36150	0.325

Price($)	Vol.	No.
0.350	26445	4
0.355	17346	4
0.360	15514	3
0.365	65137	3
0.370	33826	4

Last trade - 11.19am 22/07/2024 (20 minute delay)

CTM (ASX) Chart