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Or they might be there to block so more can be accumulated at...

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jeffw

1,077 Posts.

21

17/11/20

12:50

Post #: 48929126
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Originally posted by markhamj27 ↑

There seems to be a lot of people on here with very positive outlooks ahead but why are there some serious sell orders in play at the current price levels?
Someone has a 800,000 share parcel for sale at $0.20 ($160,000) and there are some big ones at current 18c (500,00 shares for $90,000).
Surely if you have that many shares you are close to the fire and must hear the chat and have some solid insights into the future.
Does this make anyone else nervous?

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Originally posted by Anon_user ↑

If they were "close to the fire" and they knew of issues, wouldn't they sell at market price? Everyone has an exit point for one reason or another. 20c represents 100% growth on a month ago. if I had 90k in the game, I'd be happy to pull it out after 1 month for those sorts of gains.

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Or they might be there to block so more can be accumulated at lower levels?

LCK Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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