Totally correct Oly, some serious single order bids came in late today from 15.5c to 14.5c dramatically changing the buy sell queue ratio at close. Not the time to sell if you don't need to.
These buyers are having a hard time trying to buy at their bid prices even with the aid of the Algo's in the last 2 days. Something's afoot for sure and it's not the day traders.
I checked with one of my offshore contacts yesterday to see if they are still interested in Cobalt and Nickel, Gold as a mining investment ... The answer was very swift .. Yes, when and how? That company has been around for a long time and is very well known globally.
I will ask them if Vanadium, Titanium and Palladium is also on their radar. They are capable of "keeping the pirates honest" potentially as another bidder. But we don't really know what's happening in the background, the company certainly does. Every time someone buys a parcel of shares, the company is notified with buyer/ broker details.
Let's see what transpires on all fronts over the next 24 hours.
Cheers
HR
PGM Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held
