Quite a plan they have.
This gives all those students of stock market manipulation a good inside view of how some fund managers and investment funds work.
Here we have UBS, Merrill Lynch and Credit Suisse - nominees via Regal funds, buying into AML in a big way.
They drove down the price of AML from December 2017 at 33 cents to 22 cents in March 2018.
Then they pulled the buy trigger.
From mid April, in only a (approx) 5 day period, they bought nearly 6% of the AML company.
Why did they do this?
To make money obviously.
But they know the potential of the underlying resource is massive.
They were privileged to know of an enormous continuous 24 hour, 6 months drilling campaign across 5 kilometres (and more) over the next 6 months.
And the initial results from the first drills are very good.
So now they show themselves.
They have also shown their strategy and the way that markets are manipulated, especially in the small cap mining space - either that, or they simply had a change of mind - from sell, to buy, buy, buy!
Can anyone believe they simply had a change of mind, or a change of heart?
All three of them?
How likely is that?
AML - Is not just copper, lead, zinc etc..., but potentially Australia's highest grade cobalt resource.
And now that UBS, and Merrill Lynch, and Credit Suisse are fully allocated, they just wait - and along the way, might help to push just a little here and there to encourage the share price upward and onward.
So when to sell, or take profits, for some retail holders?
Well, wait for the drilling campaign to near it's end (or post that) in 6 to 12 months or so, and keep an eye out for change of ownership notifications from these three (3) wonderful conspirators.
In the meantime, this may go over 40 or 50 cents in the next 6 months, and if the triumvirate want, prior to them taking profits, probably much higher than that.
Gw
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