Yep. That is all clear now: the new CEO's Saudi proxy is driving the whale, hoping to scoop up shares before the world at large sees how much cash is coming in from that metals exchange. From memory that deal was signed last year and NSX now runs the second largest metals exchange in the world. There was a great document signing involving persons who looked like they were sitting at a table with other persons watching them. Really big stuff. (But I am going from memory and I could be wrong on that and stand to be corrected).
In any event, TDB, thanks once again for your insight. You are indeed a Totally Decent Bloke.
I must say, the proxy is really adept at riding that whale. He rides it like it was a camel!! Massive line wipes of over AUD3000 per transaction. Go you Good Whale!!
Only remaining question - who is the proxy taking directions from on that phone?
RS
NSX Price at posting:
5.1¢ Sentiment: None Disclosure: Not Held
