AEE 3.13% 15.5¢ aura energy limited

Ann: Vanadium Battery Metals Update, page-148

  1. 4,312 Posts.
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    What an amazing day...a huge volume, that speaks 'volumes', IMO!

    Todays trade tells me several things.

    1. It tells me we are in a very hot sector with a lot of investor interest. Yes, there was probably a lot of churn from traders but I also see more in the current price action which may be the pre-curser to a significant move North.

    2. Aura is like a tightly sprung coil waiting to be released. Pent-up energy that just needs the right catalyst to let loose.

    As juniormint said, we traded 275m shares which is more than a quarter of the whole register!   Wow! While the announcement was good, it didn't really say anything us long termers didn't already know, so why the big move? I believe the value proposition is getting so attractive that investors just needed a little nudge for them to pile in.

    The Vanadium/Battery metals sector is HOT and there is a lot of profit from other plays looking for a home. Should be another interesting day tomorrow. GLAH.

    PS: Looks like the May options will get exercised now, giving the Coy another $400k to work with.
    Last edited by preempt: 19/04/18
 
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