Even number bids suddenly appear at say 20,000 at .405, two lots of 20,000 at .41 at exactly the same time. Not buying on market, just below. Then near close a 25,000 and 50,000 pop up at .415 when they could have bought at that price at any point during the day.
Don't want to sound like another HC conspiracy looney but if I was accumulating this would be the best way to do it on the quiet. We all know with the tight registry how quickly .41 could turn into .48 if there was even the slightest hint of momentum.
Buying on the close usually flushes out an impatient trader who may want to use funds say for EGO, RNI etc tomorrow. Naturally you can return and buy on the open for much the same price for the exact same reason.
We all know it will run straight up in minutes with 110m shaers on offer. Unlike an EGO.
DYOR
CAZ Price at posting:
41.0¢ Sentiment: LT Buy Disclosure: Held
