Tomorrow and Today11 Apr 2018 22:08
There was 100% some fun and games going on with the SETs trading today. There was an iceberg seller, 10k lots frequently kept being replaced.. You could buy 100,000's of shares online even though L2 indicated only 10k available.
Likewise there was buying interest, I do wonder if there was some manipulation going on / buying and selling between a co ordinated group working the price, not really legal but it happens. Pushing the price lower, whilst sucking up the sells and loading up...
We all know that PANR can really motor when stock is short, just look at the last days trading volumes, HUGE.
Multiple actors have clearly been taking positions... I suspect tomorrow we will see "the buy bots" activated...
I think the buys circa 18p were "the bottom", our players are loaded up and PANR will now move higher...
Moving forward, with the established cashflow, which they can hopefully consolidate and improve on, I am not sure there will be a placing, I would much prefer a loan and a farm in and cheap wells targeting Wilcox just to get more cash rolling in.
I suspect this is where they will go....
I took a few more today, I see this as an easy bagger now if just a few things go right..
GP