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Verde AgriTech Ltd. T.NPK

Alternate Symbol(s):  VNPKF

Verde AgriTech Ltd is an agricultural technology company that produces potash fertilizers. The principal activity of the Company is the production and sale of a multinutrient potassium fertilizer marketed in Brazil under the brands K Forte and BAKS, and internationally as Super Greensand (the Product). K Forte is a potash fertilizer that is a source of potassium, silicon, and magnesium and micronutrients. BAKS is a combination of K Forte plus three other nutrients that can be chosen by customers according to their crops’ needs. It mines and processes its main feedstock from its 100% owned mineral properties, then sells and distributes the Product. Its Cerrado Verde Project is located in Minas Gerais state, Brazil, which is a potassium-rich deposit, from which it is producing solutions for crop nutrition, crop protection, soil improvement, and increased sustainability. Its technologies are Cambridge Tech, 3D Alliance, MicroS Technology, N Keeper, and Bio Revolution.


TSX:NPK - Post by User

Post by PedroPistacioon Aug 09, 2022 7:26am
416 Views
Post# 34880857

Daily volumes

Daily volumes It is interesting to see how daily trading volumes in Verde shares built up significantly from mid September 2021 when they were averaging c.40k of shares a day at sub $1.5, to averages of c.400k a day at over $7 by May 2022. So ten times the volume at over 4 times the price. This coincides with a flurry of news flow at the time which was presumably the driver, which would be unsurprising. Volumes have however decreased since then, coinciding with the tail off in fresh news flow other than the change in domicile. Although the share price has picked up strongly again over the last month, this has been on noticeably lower volumes. Does this suggest that the shares are now owned and held by tighter hands than before? I don't know. It will certainly be interesting to see what happens over the next phases of news flow, assuming and hoping it's positive. GLTA. AIMOHO. DYOR. 
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