Gone r the days of homing pigeons or jungle drums (or using Canaries in coal mines well not quite)!!
The drop was due to Xtract PLC, selling about 2.4m shares for abt A$816,240 (avg 34c). They've been doing this periodically to fund some of their other projects and have dropped from 64m to 56.747m over 18 months. Hence the drift in SP.
I see some accumulation today in anticipation of the hitting the first sweet spot in the Forestier sands early nxt week.
cheers
MEO Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held