Hi Ladies and Gents
Deputy cranswick here LOL I know you've all been eagerly waiting for my return and my in-depth analysis of the market and CHM in particular LOL
As I write CHM is up by a cool 0.001c (soon we are going to run out of zeros LOL) on an unusually high volume of 180000. Assuming that all that numb been traded at highest price it makes a spectacular total of $4500
There is a lot more to that apparently innocent $4500 than you think. Only smart experience traders are able to see the real meaning of that spectacular move.
There can be several reasons for this:
A possible takeover by BHP or the news CHM managed find huge chunk of Iron ore in metropolitan Melbourne or somebody like my good old chum graymatter decided to commit financial suicide LOL,,,,LOL
Cheers
Confucius said: nasty you aint just dangerously handsome. You are pretty smart too LOL,,,,LOL
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