RE:Huge volumes stockmyster,
We're bumping up against the 200 day moving average of C$1.53 at the moment. Share price could pause at the current level for a bit ...???
I haven't sold any of the additional shares I bought in the $1.13 -$1.18 range, but the trading finger is getting a little itchy ;-) . I'm still sitting with over 100,000 shares .
Huge volumes since the Jan 14 2022 closing of the Fiore Gold acquisition, just over 140 million shares have traded hands as of now. Assuming any one that was a Fiore shareholder that didn't like Calibre's country of operation has sold out now. There has been no report of either of Calibre's two largest shareholders, B2Gold with 110 million shares and Luxor Capital with 33 million shares, having sold any shares. So who would be responsible for the selling experienced since Jan 14 other than former Fiore shareholders who received just over 101 million shares of Calibre.
There have been some increaes in institutional investors reported in the past few days. Will post the updated info sonetime today for you, as well as the previous report so you can compare the holdings change.
stockmyster wrote: One hour of trading and 2.5 million shares have traded already. At this rate we will trade over 10 million. I still don't get who is doing all this selling.
congradulatins on your buy Tad under $1.20
glta