is CL8 giving off smoke signals?
stuck in a range between .018 and 0.021 for weeks really
but last 3 days the volume has spiked significantly
Monday 80k
Tuesday 1.1m
Yesterday 2.4m
today 4m
It seems to me like somone is accumulating - big capper in at 0.02 trying to keep the price range bound.
3 possible reasons.
no 1 - insto/ broker repsentations happening this week - are they generating interest?
no 2 - Uber deal in NSW / VIC / QLD generating interest
no 3 - about to draw down more equity finance so someone is trying to keep the VWAP low
can anyone supply broker buying info for the last few days?
is CL8 giving off smoke signals? stuck in a range between .018...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
