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buy orders are stacking up

  1. flamencojazz
    1,297 Posts.
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    04/03/13
    10:32
    Post #: 11492738
    Hi everyone,

    Buy orders on Commsec this morning:

    27c 344,338 (7 buyers) (most that's been for AGES)
    no doubt awaiting the 15th March.

    Sell orders as usual:

    27.5c 10,000 (1 seller)

    It would logically be in the interest of Directors to have the SP move upwards. Whereas, should the SP no go anywhere or go down at some time, Glencore would be happy as they could T/O the company. But would Glencore want or need to own mines? And if they have shares, wouldn't they like them to appreciate?
    YTC Price at posting: 27.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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