HAHA. Wedge and crew - disclaimer - I'm a million deep, cos WA1 went absolutely farking nuts today. Just sooooo many pale ales. And a schooner or 3 of Grange.
Sorry for creating such suspense in that post - wasn't my intention.
Nothing that revelatory, and definitely nothing fundamentally 'insidery'. Probs the same stuff you already know or suspect.
Just personal, pro-active study of the trading patterns (and reactions) over a period. I own plenty, so it's been a worthwhile endeavour.
And it's made me bullish as.
Didn't want to say anything, cos I was hoping the selling would continue today.
LOL, predictably it didn't, but scored another sneaky 600K ++ 5.8-5.7c yesterday.
And obvs it's in the vault. Just doing my thing to reduce the free-float till we get a strategic investor. Not far off IMO.
Volume yesterday - 2,332,915 - majority all sparked by a 100K dump into 5.9c Volume today - 134,474
LOL.
As an aside, re the trading patterns, this is the perfect lead-in. Actually did the same with WA1. Was with a good mate and investing gun circa $1.12-$1.60. We, sorry - me - he's a massive tight arse (and way smarter), spent a fortune on brokerage fees before we went in hard. There's actually a post explaining what we did, and the conclusion, if you can be farked to dig it up.
Could be relevant here, or not. But if you reckon a company is seriously unders, like we all do here, and you see the algo trading/bot presence, it's usually a very positive sign.
But whatevs, in the end it's all short term noise, and irrelevant for the serious BLG believers/investors here. But man, good time to get even more set?
Conclusion: (and have probs said it previously - can't remember right now), re trading action, selling is either: 1. smart and agenda-ridden (well done MOFO(s) - hope you get more shares - not really - suck sh1t if you don't - LOL - I reckon I stole them). 2. punters need the cash (no judgment) 3. punters just have no farking clue (zero sympathy - soz).
These levels are a farking gift.
Bring on 2024....and beyond.
Gonza out. Going on a long holiday.
Still trying to get updated TOP 20 for us - Stef hasn't responded yet.
BLG Price at posting:
5.8¢ Sentiment: Buy Disclosure: Held
- majority all sparked by a 100K dump into 5.9c
