VRX 16.7% 3.5¢ vrx silica limited

Ann: Change in substantial holding, page-26

  1. 5,045 Posts.
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    Played into selling?
    Did someone stand over them and make them sell?
    Ill advocate from the other side- if we didn’t have these guys accumulating in the low 20s reckon this would have dropped more.
    Consider that there are lots of retail who’ve become bored and a little frustrated- I’ll throw it out there that these guys were just mopping up from frustrated retail. Can’t see their games where they’ve sold to knock price down- reckon it’s just been retail moving onto other plays- and banking some pretty good profits.
    Cos definitely helped by having more Instos onboard- especially if they’re not loaning out to short and get price lower.
    Happy with this Ann- shows our German friends see great value to accumulate low 20s- which is what I’ve been doing- by adding to my lot!
 
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