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The big buying occured because they were told the ml wont be...

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tiptruck

641 Posts.

82

27/03/24

14:21

Post #: 73084317
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Originally posted by FishiesPal: ↑

Yep just woke up and seen this after a late night at work.

As sub has mentioned, this would be my best guess, Altus may have left the building. I have heard on the grapevine, they were also contacted to
see if they wanted to sell. Interesting development!

The new buyer (Or WMA) will show up in the end of month T50.

What this shows for me, is the ML being issued is alive and progressing. Otherwise why would a broking firm be calling large holders and asking if they want to sell and pay up nearly $2,000,000 to buy them out?

Be interesting to see if our learned friend @tiptruck follows suit Considering his posted timeline and negative posts of late.

I still wouldn't discount (albeit unlikely) these big guys, with big bucks, that don't own any free 7c options, are hoping the ML isn't issued till after they expire early August.
Guess we'll have to wait and see what eventuates............

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The big buying occured because they were told the ml wont be issued until well after august options expire

CAY Price at posting: 7.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 7.8¢		Change 0.001(1.30%)		Mkt cap ! $105.8M

Open	High	Low	Value	Volume
7.8¢	7.8¢	7.8¢	$390	5K

Buyers (Bids)

No.	Vol.	Price($)
1	25000	7.7¢

Sellers (Offers)

Price($)	Vol.	No.
7.8¢	187033	2

View Market Depth

No.	Vol.	Price($)
1	25000	0.077
2	118696	0.076
2	375000	0.075
3	46464	0.074
1	143000	0.071

Price($)	Vol.	No.
0.078	112498	1
0.079	100000	1
0.080	100000	1
0.083	250000	1
0.088	73910	1

Last trade - 10.02am 04/06/2024 (20 minute delay)


Last 7.7¢			Change 0.001 ( 0.00 %)
Open	High		Low	Volume
7.7¢	7.7¢		7.7¢	3228
Last updated 10.44am 04/06/2024 ?

CAY (ASX) Chart