Niocorp Developments Ltd (NB)

[jeunke22]

The daily volumes are very small ( I know investors who have more shares than daily volume ). Because the volumes are so small, buying and selling have more impact on the price ( up and down). We have 282 million shares outstanding, so a 1 Mio daily volume is less than 0,35%. A few disappointed retail investors ( reverse split, SPAC) may head for the door and by doing so have a disproportionate effect on the price. You could also be more optimistic and say 281 Mio shares did not sell. Lol.