WMC 0.00% 20.5¢ wiluna mining corporation limited.

Clearly a professional as they had enough time to pull the trade...

  1. 2,847 Posts.
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    Clearly a professional as they had enough time to pull the trade off just before close of open auction as they would have lost $50,000 plus in value of shares with 30,000 units. This was clearly a move to surprises demand and restrict price of buyers on open in regards to the offer price. One parcel of that size does not stack up with the retail sellers through the day providing Micky mouse parcels for sale Iether so hence why I am on the belief an insto may in fact be looking at taking up a position.

    I have Monday morning off so I will be keeping a close eye on opening auction for the games to be played. Interesting to see someone is very keen on putting the breaks on a run up in price for this stock. The question is why??? The volumes havent been high enough in the last two weeks to demonstrate an accumulator but maybe some party is doing it slowly so as to not put pressure on price. just my thoughts
 
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Currently unlisted public company.

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