I thought this was a coal/minerals play...
But with so much seeding going on, it is more like Yates!
Surely this seeding process is nearing and end...if not, one can only conclude they don't want to actually see the price rise...lol...wonder why?
Not complaining though...this has been a rare hold in such times...but maybe it is time for the company to communicate their intentions, or indeed, execute them according to their natural conclusion?
In my view, we saw something of a friendly swap to some degree today...albeit mixed in with some genuine activity...and stangely enough, with a certain degree of haste.
Perhaps of greatest interest however was the fact this latest surge of selling has appeared as soon as the stock looked like breaking out...perhaps flagging a desire to cap the stock?
There appeared to be one large seller today, who has now established a feeding margin...that is, a point at which he can sell stock with little slling competition from others, who it appears are now mostly content to wait for higher levels.
I smell an announcement...as evidenced by the apparent quickening of the selling and obvious growing buying interest.
But what?
AGM Friday...maybe we can ask...or maybe this in itself is the reason for the apparent urgency?
One might normally expect a company to do everything BUT subdue a price rise just prior to an AGM, so it beats me what is going on here.
I guess any offer for GUJ would look far more attractive the lower their price was?
lol
We are getting close...just wish I knew what?
Cheers!
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accidently invested in yates...
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