what a shame, only a choice of 3 things happening here.
1. really desperate peanut of a seller
2. manipulation to get cheap shares
3. first drill hole is a dud and this is known out of market, which shouldn't really have a great effect on SP as we already have a large resource.
positive management would know whats going on, they can easily track share movements and they more than likely are, especially considering they just issued hundreds of millions of shares at a far higher price.
some of those recent investors would definitely have the ear of management and have asked the question.
my money would be on 1 or 2.
per proactive investors report on 8/8, 13 days ago, results from initial drill hole at Jacomynspan due from ALS lab in Johannesburg in 1-2 weeks, this would suggest results due know?? http://www.*.com.au/companies/news/...ssets-with-19-million-in-the-bank-202425.html
odd time for this manipulation/ desperate selling just before possible SP changing results released?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)