Bundyrocks
Could it be 'window dressing' for the SPP close?
Deep pockets if it is 'window dressing'. $0.5M
An extra 20M NTU to normal trading volumes yesterday and totay - means $0.5M expenditure (20,000,000 x $0.025 (using high)). 15M so far today.
Also unlikely as 'window dressing' as I imagine it would be hard to disguise that level of volume if it were just a few mates repeatedly selling to each other. The orders a generally just a few $K or less.
Could it be Chinese buying on market to maintain their level of interest in the resource?
Or maybe NTU is newly on a recommendation list? Like Fool?
Ann: Security Purchase Plan, page-14
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $140.0M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.0¢ | $11.50K | 555.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1608965 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 6032136 | 12 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| NTU (ASX) Chart |