CYM 3.23% 3.0¢ cyprium metals limited

re: Ann: Encouraging Drill Results from Treng... If someone...

  1. 15,276 Posts.
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    re: Ann: Encouraging Drill Results from Treng... If someone close to the company wants to buy shares...

    Sometimes they have a very small window of opportunity to do so.

    It is pretty obvious the buyer was simply wanting shares anything about current levels. Patience would have seen his order easily filled sub 4.2c, insterad he felt the need to grab them there and then, albeit with a modicum of patience as he ever so slowly lifted his order up, point by point, to slowly get filled.

    It was not a large order in the bigger scheme of things, but orders over 1m shares do not normally want to pay over the odds to get their fill...unless there is a very good reason to do so.

    Anyway...we have been up...and down...and now we are more or less back where we were just a few weeks ago, trading just under 5c and waiting on results.

    Interesingly, the chart pattern is almost a mirrow image of that which transpired in early/mid feb, where the stock ran from 1.7c to 4.4c...then down to 2.2c on a correction...before rising back to the mid to high 3's short time later.

    That period was eventually followed buy the recent spike rise from the mid 3's to the low 5's...and eventual secondary rise to 6.5c...before the recent correction back below, then up to current levels.

    Lets hope history repeats.

    Cheers!
 
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Last
3.0¢
Change
-0.001(3.23%)
Mkt cap ! $45.77M
Open High Low Value Volume
3.2¢ 3.3¢ 2.9¢ $51.84K 1.690M

Buyers (Bids)

No. Vol. Price($)
4 741909 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 1331502 2
View Market Depth
Last trade - 16.10pm 03/09/2024 (20 minute delay) ?
CYM (ASX) Chart
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