I’m not expecting big players to jump in immediately upon a good report. I’d reckon they’d take some time to analyse the results and an investment committee to develop a go-forward strategy. These things take time. Perhaps days.
Perhaps I’m wrong (again), but my guess is that today’s trades are by small players and day traders. Happy to wait till tomorrow or early next week. Anyway, I’m in it for a very long term.
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Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-24
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