WMC 0.00% 20.5¢ wiluna mining corporation limited.

Volume, page-66

  1. 2,832 Posts.
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    Very encouraging this action as it may suggest someone is intent on keeping this down. The trades were placed at 4.4 to keep a lid on price increasing after some small selling at 4.5. My feeling is that accumulation is being done at the range of 4.5 to 4.6. Majority has been purchased at 4.6 from the past two weeks. The accumulation is not rushed as purchaser possibly knows there is little risk at the moment that there is info that can be released to give a leg up on price. Watch pattern of buys over the last two weeks and the large purchases are always done just after open. This is the time to strike as holders are nervous and ones who are weak give in on the fear that price will continue to fall. Just my assessment anyway.
 
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