Post by
pierrelebel on Jun 07, 2024 1:37pm
Big Bid
A relatively large bid just of 97,500 units at $5.65 showed up a dew minutes ago on the TSX.
We may see fireworks before the trading day is over!
Volume well above average
Comment by
pierrelebel on Jun 07, 2024 1:53pm
Within 10 to 15 minutes, the bid was lowered to $5.60
Comment by
flamingogold on Jun 07, 2024 3:36pm
Someone is hungry for shares.. chomp, chomp, chomp.
Comment by
flamingogold on Jun 07, 2024 3:40pm
The problem is, the pool of sellers left at this level is shallow. To flush out the remaining shares, that bid will need to rise either on the open market or as a buyout with a premium.