Can anyone please enlighten me as to why the SP hasn’t bounced as I would have expected, but rather gone DOWN???
This presentation reads brilliantly to me and can’t have been fully priced in ahead of the announcement. Or you are bloody hard shareholder to please if you are disappointed with these results and upside potential.
Yes traders take profits, but an announcement like this shouldn’t see the price go down! Doesn’t look like a pump and dump to me either, the volume isn’t there. Are Instos shaking the tree to trigger stop losses with some gentle suppression of the SP (our toothless tiger ASIC is fast asleep anyway)? Keen to hear what other investors interpretations are.
Thanks.
Ann: High-Grade Mineralisation continues in Drill Hole SDDSC050, page-16
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