There was a time when a day with 1.0mio share turnover (ASX &...

There was a time when a day with 1.0mio share turnover (ASX & Chi-X) would result in wild swings in the shareprice, usually down!

But not today, the accumulator keeps on taking the offer and slowly but surely is running out of options other than to step up the bid.

And I summize that the 1.0mio seller at 33c is probably the accumulator now-either, using the 1.0mio offer to see weak handed sellers lowering their offer to come under the 33c, or accumulating as many shares as they can get now, to be able to offload some at 33c and lower the average purchase price.
imho

Either way, I like the trading today.......stable with an upward bias.

We may finally be on the winner all us long termers thought we were on at 80c, 70, 60c....etc, etc