Interesting the bots playing around with the SP over the last little while, managing to push price to 11.22 yesterday. Today though, there are only 14k for sale within the first dollar, meaning the bots didn't scare many shares into selling. First real volume for sale is in the $13.50 range.
There are just hardly any sellers around current price and every new set of assays just makes the project derisked and more valuable to holders. Big entities have been effectively locked out of buying a decent stake unless they push the SP way up, which they don't want to do.
It makes me wonder how many approaches management has had for an equity stake from outsiders, because they just can't buy on market. Next cap raise for some type of feasibility development might be a premium if we are anywhere near these levels.
Nice little Easter egg those results today, thanks Paul...
Interesting the bots playing around with the SP over the last...
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Last
$18.32 |
Change
1.060(6.14%) |
Mkt cap ! $1.123B | |||
| Open | High | Low | Value | Volume |
| $17.31 | $19.32 | $17.20 | $11.59M | 628.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 85 | $18.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.32 | 2942 | 1 |
View Market Depth
| Last trade - 16.10pm 01/05/2024 (20 minute delay) ? |
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Last
$18.31 |
Change
1.060 ( 9.67 %) |
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| Open | High | Low | Volume | ||
| $17.48 | $19.33 | $17.48 | 8996 | ||
| Last updated 15.59pm 01/05/2024 ? | |||||
| WA1 (ASX) Chart |