Yeah, have been wondering if this narrow trading range is an indicator of accumulation or distribution.
It seems fairly controlled by the market maker/s. The wait for results is a test of patience for all holders and the vacuum gives those who think they know the outcome of this round of drilling a great opportunity to increase or bale. I can appreciate that without any other information, each holder must decide if they trust current management or if the leopard has not changed his spots!
I could guess what Cotts or Koozy believe but am interested in what other less polarised holders may think?!
Ann: Cobar Gold - assays pending and drilling resuming, page-7
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Mkt cap ! $6.528M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $10.74K | 5.37M |
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| No. | Vol. | Price($) |
|---|---|---|
| 93 | 197872810 | 0.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 51491127 | 24 |
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