NTM 0.00% 0.6¢ nt minerals limited

strange market

  1. 128 Posts.
    Watching the market for RCP shares has had me at a loss.

    People are continuing to buy (at a price that suits them) and as a result volume is up from the last month and yet obviously people are selling at a price that would suggest strange goings ons.

    I cant see why anyone would be selling as low as 1.6c given a variety of reasons including the buyback.

    That being said if i had an "unmarketable parcel" at the moment I'd be just as happy for the company to take it at 1.8c and I'll take the capital loss. Why bother asking for an extension.

    I can at the same moment (this week) be buying in my wifes/childrens/dogs names another 30000 or more shares at 1.7c if that takes my fancy.

    I know thats all a mess of illconsidered twaddle I've just trotted out but nonetheless it does all feel kind of odd to me.

    cheers
 
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