SL1 0.00% 0.0¢ symbol mining limited

today's dump and yesterday dump under 2.2c belongs to retailers...

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. 760 Posts.
    lightbulb Created with Sketch. 122
    today's dump and yesterday dump under 2.2c belongs to retailers who sold their shares through comsec.

    FYI, broker data shows close to 47.6M shares absorbed by comsec retailers in average of 3.7c. we should expect that some of retailers are not happy about current results and price of zinc and they wanna invest somewhere else.

    broker data also shows that 32M shares also dumped by Pershing as main seller here since IPO and 19M of that was under 2.7c. these selles of Pershing kill all momentum for higher prices and cause retailers to upset about SL1 performance. CMC market buyers during last week bought more than 5M shares and imo, they know something better than us. Australia investment also bought 7.6M shares during last 7 weeks ago in average if 2.7c.
    with increasing LOM other smart money like Morga will step in.

    personally, I couldn't believe these guys can do shipment in 2018Qrs, however they did a great job.
 
watchlist Created with Sketch. Add SL1 (ASX) to my watchlist

Currently unlisted public company.

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