Volume, page-1638

So out of the 550M bought up at 4,3 2.8 2.3 barely any sold maybe 10% on my maths & there is another 300M issued tomorrow settling & paid today.
Of these 300M why bother selling at 2.2c for peanuts, 4.0c much better.

So WHO are the BUYERS?
If zeb is correct and one is a super fund and another a LONG rich lister then they arent selling for peanuts and not interested in 10% but 100%-1000%
10% margin after GST brokerage CGT provisional tax is a nominal gain at best

but say 4.0c at a 100% margin now youre talking.

So it looks like AFAF IGO BHP aint getting any shares cheap here either from the 300M
if no one got 185M shares allocated then they too are under 5%
So 23% shares issued and bought/sold but NO subholders notices!
Means these holders are small investors hoping for an easy payday at 4.0-10.0c imho
Any SHORTERS who got some and sell 2.2c hoping to buy back at 2.0c may be sadly mistaken as they will face those who missed out on this small CR BYING their SHORTS and sweeping it up cheap.

CEO did say the legacy holders are going out and the SMART MONEY & HIGH NETS are buying in.
Or is that BS too?
If he is right then dont expect any real sellers next few days and whoever buys say at 2.2c is buying so they can average down or punt LONG for 100%-200% not 10%.

Remember it was 4.3c only 4 weeks ago & the selldown on long expected news a FURPHY imho.

my bet is on less than 20M tmrw and SP stays stable as many who missed out on these cheapies are forced to buy on market yet again.

Watch the volume Itchi, we will see how many missed out and how many & who is SHORTING.
POS the trading stock LOL.
Cant trade if no profit or gain to trade for right.

Looks like the boyz are LOADING UP DIRT CHEAP POS shares here.