No soup.... unfortunately..... but a nice pasta and salad.... Martin Place is so busy today.....
Those bids....have been a talk on CVI threads for many moons..... bots most likely....but also can just be an operator.....
There are so many things that can be happening on the background that is no use to analyse every one of them....
I just concentrate on the bigger moves, volumes, players and fast fingers......it's clear enought that "they" don't want it to move much atm.....but they also cannot stop all the speculators on this spec in buying in on antecipation of news and sell it off afterwards.....
We might just have found 15c as in between news here.....
Unless they pull off their bids and let a more positive close this arvo....as I said before 16c or above would be bullish for the stock....
16c is the 61.8% fibo as well.....but then again there is nothing that would catapult it to that levels is there ? only speculation.......
cheers
CVI Price at posting:
0.0¢ Sentiment: None Disclosure: Held