FML 0.00% 16.5¢ focus minerals ltd

what the hell??, page-56

  1. 2,158 Posts.
    Hello guys I think this is a new buyer and will find himself in the top 20.

    The bid is genuine and should sit awaiting coming gold and XGD action unless he gets impatient - which at the moment he is not. This appears genuine but happy to be there over the coming weeks to pick up an averaged position. I just gather this from the behavior so far.

    Bids are removed every night. Time varies. Back very early each morning and identical so perhaps an offshore buyer in their afternoon waiting for the chance to reset the order at 7am here when they start for the day.

    The order can now be considered to be aiming at 10M shares and that is all so far, about 8.5M to go no big deal. I am getting the feeling they want the lot however, all 50M and therefore a bit more significant on the register. They would be unlikely to outbid themselves I would imagine so resetting the lower bids higher would not be on unless the price started to run.

    Watch this closely it will tell us if they want the lot - and that they see a short term sell off that they can capitalize on. If I had the spare $ I would be tempted myself and what an interesting play we witness. No chasing, so savvy IMO. Watch and learn :-)

    CW
 
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Last
16.5¢
Change
0.000(0.00%)
Mkt cap ! $47.28M
Open High Low Value Volume
16.5¢ 16.5¢ 16.5¢ $293 1.778K

Buyers (Bids)

No. Vol. Price($)
2 29242 16.5¢
 

Sellers (Offers)

Price($) Vol. No.
18.0¢ 63500 2
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Last trade - 10.36am 19/11/2024 (20 minute delay) ?
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