I think you may be right.
The only way instos do better than retailers (post IPO) is to persuade them to sell them shares cheap, and then sell shares back to them higher. This is the game, and this is how the market works in general. Smart money will know full well DD is on track, and will likely promote this upon acquisition and even instigate initial pump to get ST traders involved so it gets wings of its own. I'm sure that will be the plan. Much easier with micro cap, low SOI, hot commodity etc
That's how I see it anyway. Small order filled at 24c... but certainly not over committed
Gltah
BMT - Disallowed Potential European Cobalt $4.5 cash 50m SOI $15m MCAP, page-667
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Last
40.5¢ |
Change
0.025(6.58%) |
Mkt cap ! $65.33M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 41.0¢ | 36.5¢ | $44.25K | 113.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3831 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 74638 | 3 |
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