is CL8 giving off smoke signals?
stuck in a range between .018 and 0.021 for weeks really
but last 3 days the volume has spiked significantly
Monday 80k
Tuesday 1.1m
Yesterday 2.4m
today 4m
It seems to me like somone is accumulating - big capper in at 0.02 trying to keep the price range bound.
3 possible reasons.
no 1 - insto/ broker repsentations happening this week - are they generating interest?
no 2 - Uber deal in NSW / VIC / QLD generating interest
no 3 - about to draw down more equity finance so someone is trying to keep the VWAP low
can anyone supply broker buying info for the last few days?
DayTrading After-Market Lounge 22nd Sep, page-12
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