Yesterday over 10m traded on AIM, and here in Aus last 3 days turnover 99M, 58M and today 78M.
And what's happened to the share price - up through the roof.
Make no mistake the smart money is getting set.
Expect them to have a spell every now and then, to shake out a few weak hands, and let the sell side fill up so they can swoop again.
This money is coming from overseas, many of these shares are being put to bed - they have a long term view with regard to uranium and are prepared to back it.
This is very good for RTM, less liquidity (as more and more shares become more tightly held), with higher prices to come.
Same thing happened with PDN.
All you are seeing here with RTM is the first wave.
RTM
reefton mining nl
