"Dont think its a p&d , thinks its accumulators working hard shaking the tree in anticipation of far bigger things to come ."
Yes, that's also a possibility but you wouldn't believe how many times I've read similar theories over the years. Just behind the number of times I've read how it's all manipulation by bots blah, blah, blah. No one ever posts about bots when the price is going up, even though they are still definitely at play!
I think everyone is getting too worked up anyway. I have absolutely no idea whether the drilling programme will be/has been a success or not. I'm merely giving an alternative and equally unfounded opinion on what the recent trading activity suggests.
The ASX:FAL $7.75/share party, page-39
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Last
30.5¢ |
Change
0.030(10.9%) |
Mkt cap ! $53.98M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 31.5¢ | 27.5¢ | $100.8K | 344.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 15550 | 1 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| FAL (ASX) Chart |