RE: Not Gunna Be Enough Lithium16 Nov 2022 11:48
It is astonishing that I have asked several questions of you Skelly that you blatantly ignore and refuse to answer , and here you ask me to reply to one of yours ? Yes , I agree the rise fell again and yes no feedback from potential offtakers after samples were given out . But I do contend this was not a " false rise " not at least on our exchange , i do not bellieve EMH will rise in a straight line and you of all people whom watch the charts know that any rise upwards will always be squigglely , if you go to my post at 9.52 pm on tuesday , they are the only human sells in ASX from Oz , the next time we have a bit of a squirt we will probably get to $1.13 as the supply of sellers has virtually dried up here .
Our sell screen at moment ;
1 Seller at $0.78 for 20,000 shares
1 Seller at $0.82 for 5,000 shares
1 Seller at $0.84 for 5,000 shares
1 Seller at $0.87 for 4,733 shares
1 Seller at $1.02 for 41 shares
2 Seller at $1.05 for 34,000 shares
1 Seller at $1.08 for 2,000 shares
1 Seller at $1.13 for 40,000 shares
1 Seller at $1.20 for 1,000 shares
The first sell is left over arbitrage from AIM , the next 4 are bot sells ( the 87 cent sell has to be bot as we humans are not allowed to place a sell order more than 10% below the last sell price in the list , it is forboden ) , you will note the rest are same as I posted on tuesday , that is where the Oz human sells start .
You need to blame your rogue brokers / market makers . They too make money with the greater frequency of trades .