So that was another of those one share 1.6c trades to close the market in a “youse all best understand that we’s rolling the share price around like a little marble in a giant’s hand, yes we is,” kind of a way
(I used to call these closes the ‘single ram on the mountaintop’ close to represent some market maker leading its flock through at a price it chose, but seeing as 1.6c could hardly be called a mountain top, besides which the ‘lucky few’ buyers who had their hands up for shares at 1.7c and got them for 1.6c instead {thereby saving themselves about $1.50!} could hardly be called a ‘flock’.)
Anyway I just wanted to say that if it’s Regal and Tribeca who are doing this I am curious - seeing as they have both vouschafed, less than a year back in the AFR, to contribute big dollars towards the build here - then how much influence they might have (along with RCF?) in timing news flow?
And maybe that’s not supposed to happen, but I’m sure it does.
Anyway as the AI generated chart and comment from Commsec today shows;
The price here is showing little in the way of a confirmed trend …
:/ Which is pretty boring, I think, given everything AVL supposedly has going for it … which is maybe just how those market makers (whoever they are) want to play it?
Hopefully we are just having a pause at the start of the NEW trend!
cheers
(20min delay)