Hi guys
Have been reliably informed Opes have a few million ROY to dispose of.
The good news is these may find a home somewhere via a crossing. Look at SFR as an example, there was a crossing go through today for 1.6m shares or something, and the stock bounced well after that went through.
I am sure ANZ is selling, but if they can find an off market buyer through GSJBW (who are handling the sale)you might see the majority go through in one hit and no damage to the share price at all.
I would be more concerned with the negative news on uranium drilling that hurt BLR in Colorado and the implications for ROY and Lynx.
Coop
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