Certainly not ideal, however rolf2903 makes a good point about liquidity. I’d say by the recent tanking of LTR and CHN shares coupled with tipping a huge amount of cash into CHN on the way down, Tim Goyder may have an ongoing liquidity issue!
What bugs me is that last large parcel of 530,381 was done early on 9/7 given it attained 32c average. If you look at the chart, that was the volume that broke the 4 and a bit day up trend.
Look, at least he is sitting 0.37% above substantial threshold so we will know soon enough if he is still selling!
It’s times like this I revisit my research and review results to date. I also remind myself of my exit strategy - sell to Newmont!
WTM Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held
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