Just going through yesterday's course of sales. Have noticed a lot of shares sold at $7.95. There was a time yesterday when the seller kept throwing 15,000 share parcels on at $7.95. The good news is that they were taken very quickly in some instances in less than a minute.
The pre-open today suggests a similar pattern at $7.95. Obviously someone is getting out but just as obvious is that someone is coming on board (or existing holder is taking up more!).
This is an interesting time for EXT (understatement of the year). The good thing is that the status quo is not prevailing. My head can't get past the amount of exploration drilling still going on. This will end up being an incredible size resource. Maybe that's the problem at the moment we are dealing with a PURE uranium resource the likes the world has never seen before. It will transform the U market, the little country of Namibia and resource / mine owners are going to make truck loads of money on this material for decades to come.
The comments regarding the CEO are warranted but is great to see that someone is pushing the field staff (that may not be the CEO) hard to drill, drill, drill despite the corporate machinations of the board and holders.
May this be soon fought over at $8.95 or $9.95 in lieu of $7.95!
Best wishes to all.
Paytrade
EXT Price at posting:
$7.90 Sentiment: Hold Disclosure: Held
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