As @Ddog157 says there's some considerable volume pushing through. Consider that on the Nickel announcement day approx 200mil units traded, which is near enough the entire SOI. We peaked about 6.7c that day and shortly after there was a CR at 4.4c
There are certainly those who participated in that who will have taken up to 45% profit in less than a month. They may have sold some or all of their holding, however there are cornerstone (and less cornerstone investors like me) who are holding on tight. It's this relatively low SOI and the tightly held nature that's combining with the growing interest in G88, and turning this share price upwards.
Great to break the 6c mark today, with still a couple of weeks before I expect news.
But what do I know... I'm working full time whilst sidelining on HotCopper, instead of walking around my imaginary 5 bed house on the outskirts of Sydney, taking in the sun.
But I am a step closer...!
G88 Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held
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