Trading day running commentary, page-4533

CTM today closed today at 47.5c, up from 47c... disappointing, considering last night's big jump in the Ni price, highest since Sept. 2023
The turnover was, however, good, at $515k, much better than CTM's daily average. VWAP was 47c, on 263 trades.

What was also interesting, however, was the continuing amount of single-buyer, same time, total no. of shares bought- at a much higher no. than the CTM, same time average for a single Buy. Some buyers are keen on CTM

CMC Markets Course of trades for CTM 16.5.24

10.06.28 am exactly, c. 59k shares 47c each
11.34.47 am ", c. 58k " 46.5c each
12.43.56 pm ", c. 43k " 46c each
1.01.41 pm ", c. 52k " 46.5c each
1.59.27 pm ", c.104k " 48c each
3.34.31 pm ", c. 62k " 47.5c each
3.39.30 pm ", c. 54k " 47.5c each
3.59.20 pm ", c. 65k " 48c each

There were also single Buyers, at the same times today 1.18.52pm, 2.16.00 pm, 2.18.44 pm,, & 2.42.49 pm- & each time with the no. of shares bought between 41k- 42k total shares bought.

Excluding the c. 104k shares bought above, there seems to be a pattern of between 41k- 65k shares bought in a single purchase- is it an Accumulation strategy?