Ann: DFS on 3.04Moz KGP on track for delivery next quarter, page-646

The action of the last few weeks was clearly indicative of a stock that was trading "cum raise" everyone expected a CR.

Accordingly I imagine certain funds/brokers would have been jostling for a seat at the lucrative table and then this announcement has now deferred that outcome, hopefully at a much higher SP when the market least expects it.

Pretty much a c*ck block for an "imminent" raise and as such someone has thrown a dummy spit and offloaded their stock.

If this gets absorbed and overhang cleared in next few days it will all make sense In hindsight.

Not being privvy to the behind the scenes machinations this it what this reaction reads like to me.

Time will tell.

Odd reaction today, when the major shareholder who have been supportive and new insto steps up to support the path to mining.