Algo Buyer1 Mar 2022 12:35
From what I can see (with a very untrained eye it has to be said) is that there is a clear algo buyer here with SOLG, picking up all the shares being dropped by what is presumably scared retail.
Also from what I can see, it is likely to be an II and considering BlackRock just doubled their stake in Poly from 5% to 10%, there could be a chance they are picking up resource assets they think are cheap (especially gold) because they see something like stagflation coming in the next few years?
Would be keen to hear thoughts etc - let me be clear this is all speculation and probably a mile off.