Here is an EXTRACT of my Post #: 63799825Today's commentary is...

Here is an EXTRACT of my Post #: 63799825
Today's commentary is in red :
Re SOI, and MC :

LRD

SOI = 38.4m. 37% (14.3m) is held by the Top20 thus only 24.1m free floating.

MC = at Friday's C.O.B of 30.5= only $11.7m.

LRDO (31Jan27 Opts, EP25c) -
OOI - (Options on issue) = 19.2m.(EXACTLY half SOI - due a recent issue of 1 for 2 heads)
but 60% (11.6m) is held by the Top20 thus only 7.6m free floating.

These Oppies only commenced trading on Friday 09 Sep.
Yesterday's vol. was only 48k, there is only 1 seller - for 19k - and a realistic 7 buyers bidding a realistic 9.0c or above.
Food for thought?
Who knows whether the next few days’ volume for these Oppies will be even higher? I doubt it because of the scarcity of how much buyers are prepared to bid up to from here, to get a holding in this tight as a fish’s bxx stock.

Watch @Patternscharts, for 1 of his patterns' most reliable trading techniques,
of holding on to a bought stock once it has traded above an 8EMA trendline on a 1-day 5 minute chart,
and staying in it till it crosses, and closes, below that line.
See my 6-month Daily chart below - for KFM early-to-mid September - for the candle closes above and below the 8EMA trendline.