A40 0.00% 8.2¢ alliance mineral assets limited

A40 price action, page-213

  1. 173 Posts.
    lightbulb Created with Sketch. 85
    Yep completely agree that SP has been played with for quite sometime now. IMO has been intentionally capped by the same seller for the sole benefit of keeping the VWAP as low as possible and to stifle any kind of upwards momentum.

    But why???

    For me, its clear that a TO attempt is in the making with the aim being to get it as cheap as possible.

    Could it be GXY, could it be someone else? who knows....

    This is all just IMO and have but the selling volumes & patterns seem intentional and deliberate to keep A40 SP down.
 
watchlist Created with Sketch. Add A40 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.