Like I said yesterday, large holders manipulating the sp and getting shares for cheap.
Just stack the sell side and it looks bad. They picked up some stop losses under 55c
and then started buying all the way up to 67c. , plucking tchem from scared
retail traders.
Dont know if they are traders or investors, could be traders as volume wasnt that high.
Maybe they'll try the same tactic again tomorrow, or more likely will take their
profits (if theyre traders) at these levels and below (until 55c?)
but anyway all the above is pure guesswork, and the trading tactics are bs, but good
on them if they can make themselves a bit of money.
The important thing is the mc doesnt even value TMT resource in the ground.
There is no value given to any progress to this stage or its potential to mine.
A company in the V sector not far from an off-take should be valued at 3x this amt.
(but sense will prevail eventually )
dyor
TMT Price at posting:
63.0¢ Sentiment: Buy Disclosure: Held