NAE 0.00% 0.4¢ new age exploration limited

Looking at top 20 holders and selling that occurred yesterday,...

  1. 614 Posts.
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    Looking at top 20 holders and selling that occurred yesterday, seems likely that KAI (3rd top holder) may of sold their remaining holdings. Only about 35m shares seemed to be the major selling pressure and the rest looked like retail following the dump.
    similar sell off we saw earlier when KAI sold on market to fund their own projects and anyone higher then that would of seen a change in holding announcement.

    depending on initial results I would assume a follow up RC drilling program would commence to target samples deeper and where we have reached refusal and not located targeted intrusions. Seems that management have also identified new magnetic targets to keep the AC drill rig going and hopefully a 2nd if they can secure another rig.

    announcement doesn’t give too much away and don’t see anything indicating that program was a fail. Good luck to all still holding and eager to see initial results
 
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