SFR 3.36% $8.34 sandfire resources limited

Ann: Market Update - Transaction with LS-Nikko Co, page-6

  1. 9,505 Posts.
    lightbulb Created with Sketch. 660
    re: Ann: Market Update - Transaction with LS-... Hi guys,

    We could well have a move from OZmineral on our hands now.

    Imho the shareprice should have gone up today after the deal with the Japanese was called off, but not the shareprice was sold down.

    Could it be, that OZ with its large holding is pushing the shares down thru bot trading to get a lower average price before they make the final move??

    I will not be suprised if this is the game that is being played here.

    Watch the volume tomorrow and if the selling continues.

    With Copper red hot right now and in the foreseeable future, DeGrussa is an very interesting take-over target especially for someone like OZ who has been wanting it all along.

    jojo
 
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$8.34
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No. Vol. Price($)
2 11212 $8.34
 

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Price($) Vol. No.
$8.38 1974 1
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