My thoughts on this, SFR have been the ones selling this stock down at a loss to themselves from an earlier parcel of shares that they had purchased on market in order to reduce their take over offer!!
The selling in this stock of late has been on low volumes, so if this is the case then it is smart manipulation by them in order to try and get a quality asset at a bargain price. Can only hope that the key stake holders in this Company see this for what it is a low ball offer!!
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Ann: SFR: Media Speculation - MOD Resources Limited, page-25
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