I actually believe @Lord Bell could be right when he said ".........it could just be institutional buying"
I know everyone thinks that and we just never know unless a form 603 or 604 is released down the track. May even be international institutions if the buying into Warrior Met Coal Inc (HCC) is any indication. Climate change? GF!
Democrats trying their hardest to destroy the coal sector in the US but aint going to happen if the election isn't rigged. Insto's know that Trump is coming back into power.
Have a look at HCC chart before last night's pounding and the article below in the link. Quite extraordinary in my view. In the meantime also try to enjoy watching bots and market makers at work. These insto's in the US don't just send a stock up to accumulate. They send it down too. .
So if you were watching they were out to get the 2 parcels of 100k and 50k. Well $8.10 may not happen today but it will at some point.https://www.marketbeat.com/instant-alerts/nyse-hcc-sec-filing-2024-06-04/
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Last
$5.47 |
Change
0.020(0.37%) |
Mkt cap ! $4.576B | |||
| Open | High | Low | Value | Volume |
| $5.41 | $5.51 | $5.40 | $19.14M | 3.505M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2559 | $5.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.48 | 63661 | 6 |
View Market Depth
| Last trade - 16.12pm 26/06/2025 (20 minute delay) ? |
| WHC (ASX) Chart |