My take on this is as follows:
There is huge holding in the combined top 20 shareholders, both in volume and % representation.
They have each probably achieved their holding objective.
Those who haven’t taken earlier opportunities to significantly increase their holdings are not sufficiently cashed up to make an impact at present SP levels, although they may again regret sitting on their hands when another surge emerges. And it will....IMO.
And it may only be days away.
So volumes will not be huge until ACTUAL events are released.
Senegal has skin in the game, the infrastructure is basically in place, employment issues are positive influences and all that appears to be rubber stamped is the finance document.
Makes me feel good.
I’m not short of holdings, I’ve only accumulated in the past 4 years, and know that I’ll be wishing I’d have had more $$$’s to invest.
No harm in being positive.
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