DNK 0.00% 31.7¢ danakali limited

It appears as though the selling has well and truly come to an...

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  1. 7,563 Posts.
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    It appears as though the selling has well and truly come to an end. The sell side is super thin and small buying like we've had this last fortnight is doing it's job of gradually increasing the SP.

    With that ridiculous chapter behind us, we can all move on and watch the SP appreciate up to the next round of announcements.

    RWA - I cant help but wonder if you'd have been so bearish on DNK if Sprott hadn't liquidated the majority of their holding since Aug-15. The SP was at 33c and was actually looking fairly healthy. Perhaps we'll return there in the very short term as there are no big sellers (or at least that are showing their cards).

    Thanks to Seamus for single-handedly propping up the SP in the face of Sprott's onslaught.
 
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