RE: The same silly buggers9 Jun 2020 12:18
Similar take but no lithium involved.
Someone big is interested in the potential size of this market and the concept of an integrated vanadium platform. They are waiting however for (a) the VRFB market to take off - happening and (b) the concept of income flows from electrolytes to be proven commercially.
In the meantime, using an existing pot of shares (3% = 34.59M ) they buy and sell to keep the sp in a given range in case they want to make a move.
If they break cover and make a move the sp rises. If they decide against, the irritating behaviour stops and the sp rises.
Conclusion: buy what you can at these prices.