IVR 5.13% 3.7¢ investigator resources ltd

Burra, page-17

  1. WCJ
    230 Posts.
    lightbulb Created with Sketch. 59
    Test of supply here, similar to a few weeks back with that sudden push to 1.2c that got sold into. The buyer/s just sat there and mopped up everything up at 1 - 1.1c with the bid reloaded every time it was sold into. Accumulation is pretty apparent on the chart with the accumulation/distribution indicator (see rising green line on bottom panel), usually this signal is a lot more subtle than what is depicted here. This certainly appears ready to run and if it does, I would expect to see 1.6c quite quickly also.

    https://hotcopper.com.au/data/attachments/1468/1468398-d044a176543f1fd46f9623b49852bbd6.jpg
    Last edited by WCJ: 13/03/19
 
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