DK,
I also was trying to work out where they are going with this. I think your theories are fine but them buying for someone else would be very remote chance.
One thing for sure, is that they had a chance to put the brakes on and not invest another cent if they were not sure about the financing of this project.
There has been a lot of time between their initial investment and their recent further investment. While we the punters have been a bit concerned about the project over this time, N.Sound buying shows they don't have these concerns. They could of also have waited until all financing was finalised before buying more.
But alas i think that they are not prepared to pay a 20% premium when they obviously have the good oil before us.
Also did you notice that the N.S buying declared is up to 19 March, which includes the cross trade. However it does not include the near 10mill that went through yesterday. Is it them or others who jumped on.
To me it all looks good.
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DK,I also was trying to work out where they are going with this....
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Last
60.0¢ |
Change
0.035(6.19%) |
Mkt cap ! $125.2M |
Open | High | Low | Value | Volume |
57.5¢ | 60.0¢ | 57.0¢ | $297.4K | 508.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 53719 | 59.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
60.0¢ | 247635 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 53719 | 0.590 |
1 | 6371 | 0.585 |
1 | 7606 | 0.575 |
1 | 7722 | 0.570 |
1 | 5000 | 0.560 |
Price($) | Vol. | No. |
---|---|---|
0.600 | 240510 | 8 |
0.605 | 105500 | 1 |
0.610 | 10000 | 1 |
0.620 | 16214 | 1 |
0.650 | 19345 | 2 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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