I wasn't going to post again in a fit of pique BUT
todays share price is remarkable. I was working from home today and sat watching etrade all day.
so China had a bind default thing and copper price dropped and yes miners took a beating but a rational reason for todays willingness to dispose of shares so cheaply when there are so many positives ahead ?
any suggestions ?
does not compute for me at all and after watching the drop last Monday because the mill didn't start up I expected those left to be stronger holders with less chance of dropping loose shares. The mill start up as confirmed from Friday should have been a boost.
So either somebody is playing games which is far from impossible even though it isn't a bot or 160000 shares have been sold for no good reason. ( I say 160000 as 65000 sold up before the dramatic turn round) It can't have been a lack of patience making them sell on good news surely
can't say I am impressed if games are being played although some LT holders may benefit. Not happy with the share price but still very happy with CSD and it's team / prospects
FACT CSD WILL BE WORTH CONSIDERABLY MORE THAN IT IS TODAY IF SHE REACHES PRODUCTION - I say if but I believe the word is when!
didn't buy any today and looking down the back of the sofa in case this surreal situation continues in the morning
everything else on the plus side of the equation is as it was and the negatives have been reduced yet the share price swings from 9% up to 6% down.
Does not compute especially when MOO only get 2.5% royalty ( not 9.85%) swings upwards by 16.5%
rant over
DYOR as always but somebody out there is not listening
at one point shares were offered at 6.8 and that offer got pulled
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