A clever accumulator is currently playing (manipulating?) with the TAP share price.
Consider the following :
- a bot was operating on Thursday picking up parcels of about 250 shares constantly during the day - at 37.5, 38 and 38.5c.
- at the end of the day there was an 'iceberg' buyer willing to buy about a million shares at 38c (refer my previous screenshot)
- buyer disappeared thru Monday
- today was a weak day on the market and the share price was sold down to 35c on turnover of 65,000 shares
- at the closing auction period, the 'iceberg' buyer returned wanting nearly half a million shares at 35c (see surplus volume on below screenshot) !
- tomorrow is day 60 for NGP/Chatchai at which point Mudabala could take back the 10% of Manora
- not a good time to be selling TAP shares at these prices imho
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