LIN 1.04% 9.7¢ lindian resources limited

DECEMBER Trades, page-64

  1. 4,614 Posts.
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    Highly unlikely that many of the “existing sophisticated investors” that were involved in the CR have disposed of their new shares. Historically Top 20 holders have increased their holding and not exited.

    Based on the trading patterns over the past fortnight,in my opinion, the shares have been subjected to professional traders in action rather than new holders selling.

    I believe that the share price has turned. Selling will relate to profit taking along the road to recovery. The shareprice will not collapse again to new lows.
    From Dec 1-15 50 m shares have been traded.
    Last edited by Alexandria07: 19/12/22
 
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