Niocorp Developments Ltd (NB)

[tedro84]

It's doubtful that it's the PP buyers. There were only 46 buyers to begin with, and any shares they purchased are subject to a 4 month holding period.

It is possible the same PP holders were selling existing shares, but it would have made more sense for that to happen last week.

I think some of the previous theories thrown around make the most sense. There was clearly a large single seller in Frankfurt today. I think yesterday was largely Lind or Mackie selling into a support level. You could spin this as a positive as those firms have likely been trying to sell for months without over pressuring the price. They found a large buyer willing to maintain the pps yesterday.