PUR 20.0% 0.2¢ pursuit minerals ltd

Ann: High Grade Vanadium Mineralisation Confirmed at Airijoki, page-67

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 218 Posts.
    lightbulb Created with Sketch. 56
    The market is a pretty good indication don't you think?  Of course holders have sold down, have you not seen the numbers and volumes....in saying that, others have jumped in. 


    Just to be clear, I think PUR is a very nice stock with a conservative valuation. However I can't ignore a great announcement and approx. $6M dollars gets sold on the day. Yes the opposite view is someone or a bunch of someones bought $6m dollars worth of stock, luv to know why such a massive amount of shares was sold and why others acquired ? Do you know> I doubt you are guessing as well unless you were the broker / trader in control of the majority of trades today. 


    Does the announcement mean something different, some greater insight of things to come to current holders who sold that buyers do not grasp? Is it a case of smart money verses ammature hour? or is there a bunch of holders who beleive PUR just won't go much further and today just decided to sell $6m dollars worth of stock? 


    I could guess, but I don't really know, however, surly worth a comment or two. I have seen this happen a few times before, rarely does a stock just keep going up after such a large volume of trade and after selling into an announcement and after such large being traded on volume on such a small MC... proceeding days and weeks will tell I guess,

 
watchlist Created with Sketch. Add PUR (ASX) to my watchlist
(20min delay)
Last
0.2¢
Change
-0.001(20.0%)
Mkt cap ! $7.270M
Open High Low Value Volume
0.2¢ 0.3¢ 0.2¢ $8.573K 3.786M

Buyers (Bids)

No. Vol. Price($)
54 55488336 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 15705345 14
View Market Depth
Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
PUR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.