NTU 0.00% 3.4¢ northern minerals limited

who is holding the sp of ntu down ?

  1. 5,436 Posts.
    Today we have seen a volume of 363,342 shares traded.
    Of these 160,719 traded @17.5c
    The average price for today =16.83c

    BUT who ever it is still managed to drop the price from hi of 18c to CLOSE at 16C.
    The sellers are not keen to part with NTU shares.I'm not surprised. imo,it is an obvious traders' game.

    The closing price seems to have a strong purpose for the "Big boy"

    That lead to the question ,Why has this "control" been going on for so long ?

    FACTS,
    CY owns LYNAS shares
    Lynas owns NTU shares

    Imo ,Lynas needs to raise money.

    Currently NTU sp closed @16c, while LYC closed @ 24.5c

    Can anyone see what i see? is it possible that we see NTU or LYC shares exchanged ? If so, how would the deal be done ?

    Comon Fellows put your thinking hats on and lets work the motive behind the control.
    Any speculation is welcomed.

    Happy to cont to hold my NTU shares same as many other investors.



 
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Last
3.4¢
Change
0.000(0.00%)
Mkt cap ! $200.9M
Open High Low Value Volume
3.4¢ 3.5¢ 3.4¢ $99.95K 2.937M

Buyers (Bids)

No. Vol. Price($)
3 554507 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
3.5¢ 470727 5
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
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