Welcome to the share market!I suspect the large buyer from...

Welcome to the share market!

I suspect the large buyer from yesterday didn't get their quota and sold off a few this morning to bring the SP back down to their buying range. Dropped from 5 to 4.7 on relatively low volume which may have made a few nervous day traders sell.

For me this company is a buy all day long & will reward those with patience, it has so much going for it as per the following..

• only 252 mil shares on offer
• cashed up with 4 mill to fund the next round of drilling
• the ground they are drilling (Monte Azul Project)was purchased from VALE & previous drill results are good
• 2 new directors (Simon Mottram & Luis Azevedo) have joined the board. Both have extensive experience operating in Brazil which will be very beneficial to ODM & were part of the exec team that took Avanco from being an explorer to producer & sold for $440 mill
• Jason Peterson of Celtic Capital holds over 16 mill shares & I believe he was heavily invested in Avanco

This company is smokey as hell, it just needs time & patience.