asked why the oppie underwriter had been selling down a large portion of their shares, even under the conversion price - he said patersons hadn't been in contact and that maybe some of their clients were selling down - i stressed to him that i thought sentiment for drx had disappeared since the underwriting - he rightly came back with the fact that they are still out there doing what they can to progress all aspects and that the fundamentals are still there - hard to disagree with the fundamentals - he suggested if anything, it was a good buying opportunity
he made mention of an earlier caller who referenced a broker report via HC and vaguely suggested that some brokers may not be so straight - lol - might be a reference to patersons
JORC in january is still on target - pretty sure he said 'cyclone' should give an even better picture once IMA gain their tenements (retentive memory not so great)
nothing new to offer, i guess, but there you go
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