ICG 0.00% 0.6¢ inca minerals limited

Ann: Review of drill-hole FW220009 at the Mount Lamb NE prospect, page-125

  1. 3,496 Posts.
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    From Thursday, looks like Merril Lynch brokered buys for whatever retail sold..

    https://hotcopper.com.au/data/attachments/4516/4516092-759c7979e482724de47fc5d4541b7773.jpg

    The 10/14 day average volumes are still very low..

    https://hotcopper.com.au/data/attachments/4516/4516094-e0172416a33afd3eb5ecb0f6fae3cded.jpg

    The chart looks woeful, has done for quite some time, investor sentiment is negative . however it’s contradictory to the med/long term broker data that shows the majority of non retail brokers in positive net value of transactions (ie those brokers are buying not selling).. I posted the other day the most recent weeks in July has been value transfer amongst retail and that's not too surprising..

    https://hotcopper.com.au/data/attachments/4516/4516148-8657960b7ce8e818794a76ea5ab0b891.jpg


    For me, it’s simple.. the way I see it, right now, all the great info we are receiving is still a bit of dejevu for a lot of longer term holders.. So I have absolutely expected those holders who may have a perception of seeing a repeat of Peru where drilling returned nothing of economic value (think chanape etc) are going to exit..

    I trust the data, the board and company announcements, and the loads of very good analysis posted here that makes sense to me..

    It’s a waiting game.. some can’t, some don’t want too and some do patiently..



    Last edited by Mattminton79: 19/07/22
 
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