Ann: Change in substantial holding, page-2

The remarkable thing about this announcement is that it details selling of relatively small parcels from January 2018 till Feb2019, and that most sales were at a substantial discount to the current price .... forced selling .... more loose hands emptied. This is not indicative of current institutional sentiment. For those worried about a cap raising .... it won't occur at low SP and it will be for game changer projects like re-opening SIana ro building a new plant at KOTH. Meanwhile RED is generating enough cash to fund operations and an aggressive exploration program. Whats not to love ?        The market depth strongly implies the uptrend is sound and 12c looks firm support ....  15c resistance looks solid (but lots of day trader small parcels which one institution could mop up in one go), but if 15c overcome, then 20c is next target. Noting goes up in a straight line except politicians promises .... patience my friends will be rewarded .... the only thing that will spoil the party is big downturn in the POG but that seems unlikely with record cental bank gold purchases and continuing instability in Europe, IOUSA / China  etc etc