RLT 2.33% 88.0¢ renergen limited

RLT Video, page-23

  1. 3,367 Posts.
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    I don't know about a large seller.

    There are 24M CDI's on the ASX. We've seen previously the stock can be pushed around at will using as little as 200K shares.

    It doesn't look as though someone is a net seller. More someone determined to hold it in a range and accumulate, dropping it back into the channel each time the opportunity presents itself.

    You'll notice when there is 30-50K on the bid the stock trades freely. Today it will sold down to the lows only when the depth thinned out.

    The key to this moving higher is continued buying. There will be no holding it back on a gas/helium find.
 
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