RE: Nice big orders22 Oct 2020 20:15
Normally trades shown late are tagged historical.
Those trades shown tonight if incorrect will be shown morning as deleted in red or minus blue.
Either way they are correct ,price for buy 350k shares were determined to buy at a small premium.
In the morning it is likely small sells at much less price for manipulation purposes ,but they will affect momentary the shown SP, which give a false impression.
This process has been going on for weeks, just like before last Christmas ,when everything was tried yo keep the price apparently down.
Is the same starting again ?
Possibly ,but many lessons were learned by Centamin, and it's major holder as well as EMRA ,who are in reallity the major interest holder in Sukari, as if you remember ,they in effect allowed the claw back of plant costs over several years without payment of the profit share , in effect a loan.
That showed confidence in each other, which especially nowadays is very difficult to achieve.
I would be interested to hear others views, preferably from LTH or long timers with a historic knowledge here.