the sp has been played with for some time, a few have been noticing it, so todays large share transaction fits into the picture well as to why there has been this activity,, if it stops now i think all holders will enjoy a price that reacts to good news. and kept down for other purposes.. so maybe some clear days ahead..
the announcement today was very upbeat and gave some clarity to the question whether adi is in on the block A deal, and as they did not mention it, i assume that its not ruled out by them, all they were prepared to say is it wouldnt affect current acerage and wouldnt affect timings of testing.. so i remain unconvinced they dont have in conjunction with other jvp's similar plans..
still only see upsides in future announcements, and shares seem relatively tightly held when they are not traded back and forth..
sugarloaf discovery, page-57
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$2.68 |
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Mkt cap ! $850.2M | |||
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| DXI (ASX) Chart |