G’day Hot Trade, I heard through the grapevine that in the recent past someone with 30m shares just thrashed them out, thereby causing a collapse in the shareprice. Now, I guess you can accept that as a reality or not. Entirely up to you.
If you accept that as truth, as I have, then you ask yourself whether this has been unfairly beaten down. Fair enough?
I don’t think that the Board is to blame for a collapse in the share price, if a large holder, for whatever reason, just sells indiscriminately.
I have taken this as an opportunity to top up. It owed me a heck of a lot more than the current price.
Recent drilling seems to be encouraging.
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