Hi,
just an observation on our stock's turnover, we have just had 108.7 million share turnover today,
presumably solely influenced by today's good announcement from management.
But that's 109m/457m almost a 24% (Chi-x and ASX) stock turnover ! In the last week of January, another poster mentioned the figure of 928m shares turnover or 2.03x times the total number of shares we have. Now if we disregard the large holders, we are truly having an amazing turnover
The only stock to behave like this in turnover terms was CXO last year when it went from around 4c to the 10c to 12c mark. Tibbs mentioned the fact that we may be getting some UK based shareholders coming in via their awareness of UK listed Gemfields Co, next door to us.
Anyone care to comment, or add an insight into our very volatile shareholder behaviour ? It appears that we are indeed having a complete company shareholding transformation.
Cheers
Bluequartz
