1. Apologies for the double posting of my Point 2 above- I will...

1. Apologies for the double posting of my Point 2 above- I will clean up the post later, & provide the link.



2. For today 17.5, the CTM value of shares traded was $384k ie well above CTM's average. Strong liquidity is a good signal for CTM.

Oddly, given the Ni price hit US $20050 yesterday, it was disappointing the SP fell 1c, to close at 46.5c. Or was it, as the VWAP today was 48c, the highest Close since early Jan. 2024!
A closer examination of the trading revealed that at 3.42.48pm, there was a BUY trade, for 1845 Shares, at 48.5c, for a single Buyer- then the SP quickly retreated on a lot of, mainly, small trades. No more big Buys after 3.42.48pm....hmmm.

Again there were several much bigger than average $ (for CTM) single BUY trades at exactly the same time...some people are still very keen on CTM!

CMC CTM Course Of Sales 17.5.24. 273 Trades, the high 49c.

10.02.15am exactly, c.72k bought 48c
10.22.44am ", c.175k " 48c
12.36.40pm ", c.68k 48.5c
1.01.41pm ", c.51k 49c
2.54.41pm ", c.48k 48c
3.08.33pm", c.48k 48c

Again, most of the big (cf CTM average) single Buys are from c.48k- 72k no. of shares. Accumulation?



3. The Ni price is currently US $ 21242 pt, up 5.92%, & the highest since 2.8.23- very bullish for CTM.