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$4.61 resource generation limited

Ann: Corporate Governance Statement - 30 June 2018, page-35

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goggledog

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16/10/18

10:13

Post #: 36135913
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Originally posted by Birchcorp ↑

Originally posted by goggledog
The 2 mill sell at 8.2 doesn't look strange now does it?!?!?!
Just speculation but here goes;

Someone yesterday was selling out, as I bought the 250,000 shares and then the small X trades in amongst other buys to me. It was a real person or bank attempting to offload. Anything I put as a buy was offered as a x trade. I purchased all the shares in the morning. Once I saw this I then stopped buying as I knew there was a real seller. Ie someone willing to sell for lower/ which represents a better buying opportunity for myself. With them showing their hand and 2M shares up for offer this will drop the price slightly for the next week or so, so good buying again.

Summary: it’s either an annoyed bank or like not having luck manipulating as much as they have in the past or an individual needing the money for other venture. Either way, I will put in a buy for the them all now. They are not getting what they want though. 4.8c

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I reckon you're probably bang on the money.

btw, you must have deep pockets mate and genuine confidence in this company.

RES Price at posting: 8.2¢ Sentiment: Hold Disclosure: Held
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