today's trades, page-27

Exactly guys. This is why I have been saying all along that EXS is actually a defensive play in this volatile market. It has a floor due to its cash-backing and cash-generating assets, but still has plenty of potential upside like other explorers.

This is the reason I have been loading up. You don't see many low-risk opportunities like this. I have never taken a position this big in any other stock previously.

If I am buying up big-time in my superfund to access the franking credit refund, then I assure you other superfunds and tax exempt entities will start doing the same thing once the dividend is declared.