I think what one really has to appreciate is how tightly these shares are now held. The Pallinghurst partners hold 85.7% and when you including Red Rocks holding, it means that less than 10% of the equity is in free float.
If you also add in Gina Reinhart's shareholding, that figure probably drops to nearer to 7%.
So its easy to see why this is now moving.
If anyone wants to get a real handle on what Tshipi is all about, have a look at this.
http://www.jupitermines.com/images/jupiter---aephi.pdf
40c, page-7
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