RNE 20.0% 0.6¢ renu energy limited

Hi Darkie43 and welcome as a contributor to the GDY thread.I...

  1. 359 Posts.
    Hi Darkie43 and welcome as a contributor to the GDY thread.

    I have looked at the volume progress pretty closely, as far as my 'Bourse' platform will allow me.
    The days total as you say is 517,890.
    I have endeavoured to establish the volume at close,
    last trade before the bell being recorded at 13:59.
    This adds up to 406,524.
    I have also added up the after close trades with the 1's and the XT (crossings, between broker own branches, only 6,000 diff. anyway) and get an extra 83,988. That's 496,512 all up?

    So that leaves 517,890 - 496,512 = 21,378 unaccounted for.

    Doesn't support my 1's = 100,000+ theory.
    Sorry, I'm out of ideas. But it was sure a strong finish.

    Conspiracy Theory:
    One thing I feel though is that 'capping' time is over just for now. The conspirators have spent a couple of weeks holding the price down, buying/accumulating what they can, maybe 2 million shares at say an avge. of $1:35.
    Thursday they felt the jig was up.
    Tuesday could bring a good report and generate more buying pressure so they swept up a few more as the price rose. (avg. still good),
    If next week the price goes to $1:75 say,
    then $1:75 - 1:40 or so, that's 0:35 x 2,000,000 = $700,000.
    Give or take something. How much have you made this month?

    Of course a bit later things cool down as GDY goes into recess for a couple more weeks awaiting announcement of 'proof of concept' opinion or something. They could play the whole game again.
    Personally I hope either I am wrong about this con. idea or they think they see greener pastures elsewhere and move on. But don't think it doesn't happen.

    Now. If anyone has further knowledge on the 'after close'
    action please enlighten us.

    Cheers, geojac.
 
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Change
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Mkt cap ! $4.356M
Open High Low Value Volume
0.6¢ 0.6¢ 0.6¢ $61 11.07K

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No. Vol. Price($)
5 1025823 0.5¢
 

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Price($) Vol. No.
0.6¢ 7285048 11
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