When the instos are ready to jump in you'll see the price really move and it won't matter how many shares retail throw out...I've witnessed it several times with company's of similar mc, soi and price. I can't really pinpoint why the shareprice hasn't moved as much as we hope except that what was said was probably expected and likely priced in.
The selling? Well if I owned the stock from February this year I would be sitting on approx 10 bags.. If I owned the stock before early September this year, I would have doubled my money...so I expect some profit taking happening.... not to mention market has a lot of choice at the moment and I'm assuming we have traders on this stock. The broker data indicates this and we have had no holder notices. That's why I want confirmation by viewing the Top holder list so we can establish movement of big holders- so far none have gone to or above 5% level (except j) , which could mean big holders have either sold off their holding (which could explain the endless supply), big holders have stayed put and done nothing, big holders have increased but stayed under the 5% or maybe new holders have been slowly building a position. (explains sideways movement and no notices yet). All the rest- intraday movement, bots, don't mean sheet... we have to determine movement of the shares to get a clearer picture of what's actually happening. If it shows accumulation and position building by top 20/40, then we're more than likely in very good hands...it doesn't necessarily mean selling by old holders is bad, they have many reasons to sell- reasons which are sometimes out of their control... there however can usually be only one reason to buy...
Anyway post got a bit long sorry.. I've emailed team but haven't received any response -either sick of me or very busy. difficult but patience until then.
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Ann: Rincon Update - Lithium Brine in Stage 2 Ponds, page-63
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Last
1.8¢ |
Change
0.003(20.0%) |
Mkt cap ! $26.20M |
Open | High | Low | Value | Volume |
1.6¢ | 2.3¢ | 1.6¢ | $899.2K | 44.43M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 1745031 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.0¢ | 1134176 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 1045031 | 0.018 |
6 | 504117 | 0.017 |
10 | 1438810 | 0.016 |
15 | 2554023 | 0.015 |
33 | 4049845 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.020 | 1043916 | 5 |
0.021 | 880234 | 9 |
0.022 | 1464025 | 8 |
0.023 | 4200866 | 8 |
0.024 | 2694809 | 10 |
Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
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PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
Paul Rennie
MD & Founder
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