A theory: The accumulation of DLI shares by operatives of MIN/Ellison & Hancock/Gina is apparently exposed by rumours in *. Obviously this sparks widespread interest by punters as evidenced by the initial Monday trading pushing the price beyond 50 cents.
How to respond? Take the heat out of the market(& DLI price enthusiasm) by a strategic selldown. Spend some shares to prevent a blowout in the price of the accumulation target. Quite possibly involving some of Chris's DLI stake being sold to Gina's operatives &/or the reverse.
With heat removed, & uncertainty installed instead.....resume accumulation...but just a little more low-key...so as to not spook the lithium bulls....
All hypothetical
Raving
Ann: Further shallow thick high-grade Lithium from Yinnetharra, page-27
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Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $156.9M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 22.5¢ | 21.5¢ | $124.5K | 564.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 412246 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 23849 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| DLI (ASX) Chart |