Shakers as always of course. What else.
Let's just look at this way. The company has 130mil SOI. No issue for me to declare I'm holding about 1 million, that's a bit less than 1%.
There are 20 others, maybe 25 who have been holding large, millions of shares. Have we ever seen anyone getting out of, volume spiked?
None!!
This is the type of game we're getting trapped in. The issue is not LTHs and those who are holding large volume.
It's basically shaky holders who are selling away at cheap on whatever good or bad news and some idiots have been accumulating from them. Well happy to admit, I have also grabbed small parcels today.
EV (based on closing price) is now less than $10m plus $7m cash.
Uranium is super hot topic here and globally and NT historically had the best and largest mines.
SP has now been on the floor and no specific reason of dropping further.
In mining business, we all know what tiny $10m EV (with multiple assets, exploration, production planing stage) can take us to next level in coming months, years.
I wouldn't even be surprised if SP comes out of cent zone and joins $1 party by end of this year.
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Shakers as always of course. What else.Let's just look at...
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Open | High | Low | Value | Volume |
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1 | 6666 | 0.150 |
3 | 155400 | 0.140 |
2 | 300000 | 0.135 |
2 | 24750 | 0.130 |
Price($) | Vol. | No. |
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0.160 | 10981 | 2 |
0.180 | 24250 | 2 |
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