CGG citadel resource group limited

the camels back

  1. 3,187 Posts.
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    Well talk about the straw that broke the camels back!!!
    Another fantastic ASX release with outstanding grades and what happens, down goes the sp again!
    What a joke this is becoming!
    This all relates back to the original demise of the Medical operation and the huge placement for stuff all.
    These guys have been selling off their huge holdings for quite some time now, what i would like to know is how many more are there lined up to sell?
    It may be prudent to purchase a copy of the share register to ascertain who and what is held.
    It is obvious if you follow the individual trades that a pattern of selling has continued for over 12 months where large volume holders are selling in continual small volumes to keep the price around their sell valuation.
    Whilst this continues there is no way the sp is going anywhere but down!
 
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