Australia's largest stock trading and investment forum Australia's #1 stock forum

AAU

Click for more information

0.00%

1.1¢ antilles gold limited

Ann: Notice of Annual General Meeting/Proxy Form, page-13

First 13 Last

Share
Profile

Follow
LD99

6,817 Posts.

1329

17/04/24

13:03

Post #: 73386902
Share

Originally posted by WLJ: ↑

They just bought them at 1.8c... why would they then sell them off lower than that price?

In my opinion they were trying to push the discounted price lower than 1.8c to 1.5c, but there is too much support at the current low share price and they couldn't get it done. So they pulled the trigger at 1.8c...

Like the rest of us they know there are some potentially great announcements coming soon. Get on board LD99...

LD, I actually think - with absolutely no facts to back to up - I think you already are on board, and in a big way. You are just far more patient than the rest of us and willing to try influence the price down for a long time to stock up big... just my guess. Good luck to us both in the coming weeks

Expand

They're selling them into the 1.9c/2c

But they can continually exercise these for 10% discount and then dump on market for a premium.

i.e. they're going to push it down to 1.8c, exercise more options at 1.6 and sell them down until they're exercising them at 1.5c

Tough to grasp I know.

AAU Price at posting: 2.0¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 10 more messages in this thread...

First 13 Last

Add AAU (ASX) to my watchlist

(20min delay)
Last 1.1¢		Change 0.000(0.00%)		Mkt cap ! $10.79M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.1¢	$50	4.545K

Buyers (Bids)

No.	Vol.	Price($)
5	1111305	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	2110908	8

View Market Depth

No.	Vol.	Price($)
5	1111305	0.010
15	6124443	0.009
10	9636222	0.008
4	3768571	0.007
2	350000	0.006

Price($)	Vol.	No.
0.011	2110908	8
0.012	898160	2
0.013	950099	3
0.014	3363025	3
0.015	1251412	1

Last trade - 10.00am 17/05/2024 (20 minute delay)

AAU (ASX) Chart