I notice that the sell down last week by the RCF is not specific to VMY, or the Uranium sector in general. At least 4 or 5 ASX listed stocks in their portfolio have seen holdings reduced.
Indicates to me RCF have initiated a portfolio rebalance, for reasons know only to them. Or well at least nothing meaningful I could scrape of the internet.
Have you heard any meaningful chatter, or even your own interpretation - which I always value.
My reaction has been one of opportunity and hence took some more shares when the big line was offered at 10c. These type of situations usually play out ok for me, though I acknowledge it can be frustrating when most of VMY's peers have had nice little runs of late.
I will ask Mike if he has had any contact with RCF regarding their intentions, but wouldn't be comfortable posting any response on a public forum.
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VMY Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
