Last Week ending 21st June was interesting.
All of a sudden 9,621,594 shares traded in 4 consecutive day with Friday ending with a zero trading day. This was the largest volume week since mid July 2012 when the price was .007
The TOTAL shares traded from the 1st of April to the 14th of June, a total of 11 weeks was only 12,499,844.
The sales all seem to be short bursts around midday with only a few trades each day @ .003 except for the trades on Thursday that rose to .004 in the afternoon session.
Is some one clearing the decks before the end of FY ? Normal for this time of year.
Or is somebody accumulating at a significant discount to the unmarketable parcels price point ?
Any thoughts or feelings out there ?
Let's see what this week brings.
JMHO......Cheers Peteski
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