Hi Newbie22
I would suggest it is to keep the accumulation that's been occurring for weeks now as clandestine as possible to those traders who may otherwise have the stock alerted on their nightly scans (e.g.: candle formations, % gain etc). Otherwise the same accumulators would have to pay a premium for the same stock the following day if other traders moved in for a quick buck.
Looking back on the last announcement, I am eager to see the next phase of drilling results - particularly in relation to defining the mineralisation to the east. The diagram they provided in the last announcement looked solid. Not to mention west and north!
Loved the huge buy this morning at 2.8c (was it around 200k worth?) and then 40k buy later in the day at the decade high of 2.9c.
My thoughts only, speckies carry lots of risk, GLTAH and please DYOR.
Holding.
Kirk.
Hi Newbie22 I would suggest it is to keep the accumulation...
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Last
2.3¢ |
Change
0.001(4.55%) |
Mkt cap ! $86.40M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.2¢ | $89.54K | 3.923M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 5220096 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 2791111 | 8 |
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| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| BCN (ASX) Chart |