TSXV:NKW.H - Post by User
Post by
BayWallon Nov 03, 2021 8:15pm
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Post# 34084732
Stock Analysis
Stock AnalysisFor those interested in stock trading stuff:
For the most part it's a thinly traded stock. So larger buy transactions show up clearly.
July15th (tenure granting news) 140K shares bought by Scotia @15. (Oceanic never mentioned this important event, I had to find it on the net)
Close to May 21 news release (Oceanic's minority share) 110K bought by Scotia @16..
Not sure what Sept 24th was about but Scotia bid 100K at 13.5
Oct 15th and 22nd. larger bidders step in. Can't find any news. Oct 25th stock options were issued @14. Maybe the most which can be read into this, is such options are issued if the company is optimistic about the future.
People have been buying in the early months of 2021, with no news correlation. As with any stock, for big buyers there are matching sellers. At best can determine if buyers are chasing the asks or are the sellers unloading on the bids. Looks like the buyers are going after the asks.
Despite the stock drifting lower this year, it appears some progress is being made. Renewables in general went the same way.