The top 50 shareholders as per November account for roughly 50% of the issued share capital. 1.8 billion shares on issue.
http://antipaminerals.com.au/wp-content/uploads/2018/11/AZY-Top-50-Holders_Report-18.pdf
I would say you have roughly 60% tradeable stock which is very good liquidity to traders.
Shares traded and exchanged at high volumes comes with the territory. Patterson being the new hot spot due to the secrecy of Rio Tintos discovery. The reality in terms of news flow is there isn’t much going on over the next couple of months apart from proximity plays. That’s no good to traders so I actually expected a sell down. I’m not a trader though I accumulate larger parcels and look for big wins not pips. The traders are taking their chances that nothing big will be announced from RIO or greatland in the short term but if there was it could result in a quick 100% gain.
Every push down you mentioned after spikes related to the past is completely fair. I feel the game has changed right now though. I personally wouldn’t be interested in AZY if RIO didn’t have anything in Patterson and I truely believe they have something very big. I know how much airstrips etc Cost to put down in these remote areas and it’s not chump change. They clearly have something and I’m waiting for them to come clean and let the market know what they have.
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Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $100.1M |
Open | High | Low | Value | Volume |
2.6¢ | 2.7¢ | 2.6¢ | $138.5K | 5.144M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 1811085 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 3580386 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 3030081 | 0.014 |
17 | 13227591 | 0.013 |
12 | 5096891 | 0.012 |
20 | 5284426 | 0.011 |
26 | 9262988 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 7095932 | 14 |
0.016 | 4999431 | 7 |
0.017 | 2811000 | 3 |
0.018 | 1818493 | 12 |
0.019 | 994805 | 4 |
Last trade - 12.39pm 04/12/2024 (20 minute delay) ? |
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