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fluffynymph

56,494 Posts.

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14/04/23

12:00

Post #: 67274808
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Originally posted by DDTRH: ↑

Based on RED's surprising info regarding secretive shs using nominee accounts, these invisible investors' complex manouvers are far superior to all my simple investment strategies combined.

Perhaps one way for them to arrange all their ducks in a row is to use several nominees (even nominees within nominees) to place a series of buys in a cascade of low prices. That way the nominees "wouldn't know" that these are all the same associated entities.
Once these order positions are secured as being the first-in-line and/or last-in-line buyers, then the sell orders are activated, again using several nominees to cloak the sellers' identities.
In effect, the secretive shs are selling and buying between their own accounts, so there is neither increase nor decrease in their shareholdings, and therefore no reporting needed.
What is achieved is the huge suppression of sp at the cost of some trading transaction fees, and at the big expense of innocent shs who fell for the ruse and sold their shares to preserve capital. Ah, that deadly domino effect put into play once more.

Who knows, these secretive shs might also buy more shares at such low prices by using a publicly known Top 20 account and merely report that acquisition.
No one would be the wiser about the other schemes of arrangement taking place behind the curtain to force a low cr sp.
Why not take advantage of a double benefit whammy?

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Best to keep it simple.

No Top 20 shenanigans here IMO.

The resource is fair and on the lowish grade.

May become a desk top study for some time, with a few holes here and there to attempt to prove up a reserve - expensive.

REE, Scandium etc. ...

Forget it.

However, the PFS parameters may well copy the same as others.

Need a nickel/cobalt boom or this one is staying in the ground and many global analysts are not predicting one as the current price suggests.

Huge forecast CAPEX without a DFS/BFS.

Cost?

Plenty of low grade inferred.

She's fair value compared to others atm and I'm happy to trade it, for the time being.

All things remaining equal, currently, 35 - 45 is about right.

The spike of yesteryear was experienced by the whole sector.

This one did well.

ARL Price at posting: 41.5¢ Sentiment: Hold Disclosure: Held
2 Upvote

1 Great analysis

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