Post by
15Stanmore on Nov 12, 2021 11:05am
Trading to 11 am
Last day before Q3 results trading:
Total volume in the first 90 minutes today - 95,620
Weighted average price - $1.487
Last trade: $1.55
Current bid - ask: $1.54 - $1.56
Biggest buyer: Pershing Securities 51,300 shares
Biggest seller: RBC 71,496 shares
Pushing up towards $1.60, likely on the anticipation the numbers on Monday will confirm a very positive Q3 and a sold out production through to the end of 2021 at full prices that are the highest on record for some time.
We shall see.
S.
Comment by
ICT1111 on Nov 12, 2021 2:36pm
Decisions, decisions...... a couple of hours to place your stakes before the expected Q3 results......the optimist in me says that in the current fertiliser climate this quarters numbers may be the tipping point for Verde...... I for one would love to see a firm re-rate. have a good weekend all!!
Comment by
15Stanmore on Nov 12, 2021 2:44pm
Hello ICT. Looks like those buying the Verde shares up to $1.62 today think the news on Monday will take it to $2 and above. It would be nice to see bottom line Q3 numbers that would support this revaluation. Here's hoping. S
Comment by
ICT1111 on Nov 12, 2021 3:32pm
I hear you Stan but at 1.60 we are 20-25% below our 52 week high and that high was experienced well before the global tail winds really started to blow and also before the company flagged that it was going to exceed its previously stated expectations....... last orders!