AW1 8.33% 11.0¢ american west metals limited

Post Discovery General Discussion, page-259

  1. 2,307 Posts.
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    While I agree accumulation is occurring, it would be a mistake to assume that entire HSBC nominee is the same person. It's likely several people, HSBC nominees is not that exclusive to be only a singular person. Of course we're just speculating either way since one of the main points of nominees is to obfuscate ownership.

    However, if we consider multiple people were buying it becomes MORE bullish. Less chance of a single individual being biased if multiple people are coming to the same conclusion. Someone or more likely multiple individuals/entities are interested enough.

    Does anyone remember the $300k buy orders coming in above .30 a week or 2 ago? If you were watching on the day you could just see big money flowing in which a few people here suspected was not retail or traders.

    I made a note of these 3 trades I saw on the day which occurred at once. In-between them at the exact same time were lots of little orders for 5-10k.
    August 10, at 0.37c there was a trade at 10:10:46am for $299,036.59
    August 10, at 0.37c there was a trade at 10:10:46am for $47,850.25
    August 10, at 0.365c there was a trade at 10:10:46am for $71,540.00

    I'm sure traders have more examples but these were just 3 I noticed and threw into notepad on the day. If you have them or still have access to the trade data please share. These trades taken on their own could just be an individual with extreme FOMO and deep pockets, or an indication of accumulation all the way down.

    Just my opinion on the whole thing, not financial advice.
    Last edited by Giovanni33: 30/08/23
 
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Last
11.0¢
Change
-0.010(8.33%)
Mkt cap ! $56.94M
Open High Low Value Volume
11.5¢ 12.0¢ 11.0¢ $261.2K 2.245M

Buyers (Bids)

No. Vol. Price($)
4 1091871 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 55000 1
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Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
AW1 (ASX) Chart
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