Hi Guys,
Could some pls explain how we can have 55,000 shares sold at 33c today followed by less than 300 shares sold at 32.5c - other than there are players ensuring the price does not rise above the bid price (legal or not).
From my point of view I see management let us know that there is now the equivalent of at least 10c/share valuation increase based on a new resource increase and sales/expected sales to Eskom. But, the share price initially moves upwards ~ 5% and then starts reducing again on no volume - as it has done many times before.
Appreciate your input.
UNV Price at posting:
32.5¢ Sentiment: Buy Disclosure: Held