DRM 0.00% 33.0¢ demetallica limited

Ann: Doray to Present at the Diggers & Dealers Mining Forum 2016-DRM.AX, page-50

  1. 3,142 Posts.
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    There is a gap in the daily charts of 90.5cents from a few months back. It tried damn hard to close it today but didn't get there. I must say today's drop has totally blind sided me, as up until now it had been a very stable goldie. It would be great to know where the selling came from today.
    If it was a large holder getting out, that would be the best scenario. If it's something that management haven't told us (hidden in Friday's results) that would be very worrying, as the quality of management is the main reason I loaded up again pre quarterly.
    As the results came out on Friday it seems strange to me that the bigger sell down into them came today........ I thought they results weren't too bad?!?
    As such I am leaning towards a larger holder selling down their stake..... is HHL cashing in some chips?
 
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