He probably just got 100 new subscribers because of that post. Don't think he'd be complaining. More subscribers means not just more up front income, but more followers to pump shareprice.
As good as he might be (and I know nothing about the report), there is no way that a report like this could cause the price and volume action seen today. 14 million shares at VWAP of 60.
7.5% of the company turned over today. Most done after midday, typical timing for someone to start building a stake. They say you can get 25% of the daily volume without affecting the price. THey affected it, so you could assume they might have got at least hald of the volume. Another day like this tomorrow, and i'd say we'd be due for a substantial holder notice soon.
What I do know, is that with this sort of interest, no way i will be selling any. Patience will pay off with this one.
take off?, page-56
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Last
0.5¢ |
Change
-0.001(9.09%) |
Mkt cap ! $7.287M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $3.34K | 623.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 2460492 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 8009364 | 3 |
View Market Depth
| Last trade - 15.09pm 15/10/2024 (20 minute delay) ? |
| MEL (ASX) Chart |