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closed today
Order book looking better than this morning
Someone must have been a bit too boozed when they placed those trades eh. ;)
Maybe that's the true value Kiwi...lol All this 0.62 is just a smoke screen!
Look at those 3 trades only just reported from Friday! Seems the games continue with this share. Still watching and waiting
Who forgot the decimal? 62p was paid, if only!
Each to their own.
Fibonacci has no relevance in a share like this. SP may double or rise 10 fold or halve or drop by 90% in any given time. No charts can possibly spell anything. It all depends on news and coal prices.
Shares in issue: 6,661.43m
Nice finds guys, bodes well for tomorow and this week. Could this be the start of the great rebound, hmmm what is the Fibonacci looking like at the moment?
nice find looking good for next week
You won't be in the red for long imo chap. There is something going on behind the scenes here. Have a good weekend all :)
Just checking in and pleasently surprised. Still in the red but a few more days like this next week and could do well here.
Indeed. Having never purchased that amount in my life, I wouldn't know how one goes about it. Is it simply a call to your broker?? Whichever, it will be one heck of a buy to fill and done so in stages I would guess. Either way it will as you say, squeeze the life out of free float.
Yep that is how i see it, and if he carries it out one almighty squeeze coming up as you will need to include the herd mentallity when it arrives and it will..
Yep, I'll go for weird. Has been since yesterday. Just been number crunching, and correct me if I'm wrong.. Current mcap with HL 42.63 mil which at around 0.7 gives 6 billion shares in total. Fonters said only 48% in free float = 3 billion, although I don't know where that figure came from. Buyer wants 5 % of the company so 300 million shares as it stands. He would have to get that from those in free float ie would need to buy 10% which is pretty damn huge!
750k on the bid at .6 vs 100k on the ask at .7
Was just about to tick up some more then a sudden 'shuffle around!
All this with hardly any volume...
Just allowed to move up to 4k max. The game is on again it seems
Kiwi yes you are correct and has not been all DMA in play so wins joining has to be good
.65 to sell
statrt countdown lol