HRZ 0.00% 5.2¢ horizon minerals limited

Ann: Richmond Vanadium Project JV Agreement complete, page-25

  1. 44,246 Posts.
    lightbulb Created with Sketch. 2012
    I don't know....big seller (accumulator?) put's up 150,000 for sale at 9.6 cents, me, you & Fred each grab 50,000 of those shares each. He entices another seller to through in the towel and put up some shares at 9.5 cents, say 89,000 - big seller (accumulator?) grabs those.....he is now down 61,000 shares....

    Plus someone else could nip in and pip him for any shares someone else put up for sale at a lower price....

    I just can't see how 'big seller' (accumulator?) can know what other market participants will do....he can sell a big parcel and maybe the buyers drift lower and only bid for small quantities of shares....and other people can sell over the top of 'big seller'....

    Sorry, I just see this as a 'big seller' and the accumulating is being down by a whole load of people on the other side of these trades....
    Last edited by Crom Valen: 20/09/17
 
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