Someone is very keen to accumulate today, it opened at 5.2c, as I type the vwap (average price paid today) is 5.96c
They’ve had to pay into the 6’s to get the volume, but are keeping the lid on it, by keeping the price around 5.9c below the vwap.
It’s fairly thinly traded, the price has been pushed up 14% just to accumulate $89k worth which is a fair increase especially with the recent sophisticated investors keen to offload their placement shares for a short term profit
