Wow, so Baker Steel dropped below 5% in May and just got around to advising the market 27 Sept, and are now completely sold out. Gotta love informed markets.
Not a ringing endorsement of management, looks like they dont believe its going to happen within their desired timeframe. Baker Steel seem to be fairly patient mob. Also, could just be that another opportunity had better numbers.
I missed that a long term director jumped ship in early September.
More than ever we need some good results, 20k Oz for the quarter at least. My optimism getting dented, another poor quarter and I think it is time to follow Baker Steel and sell down.
Al.
---Only my thoughts, do your own thinking.
NGX Price at posting:
28.0¢ Sentiment: Hold Disclosure: Not Held
