Pakkham,
A slow dump if ever i seen one, price being manipulated & someone picking them as they become available. Maybe even selling into afternoon trade to keep price for next day in trading range.
Around 80 mil 3 cent shares went into restructure/consolidation. Directors picked up around 15mil & no changes of interest notice for them? So not selling at 100% profit. Good sign.
Stibium still have 5 mil available as per substantial holder notice. Selling?
Seems to be setting up for some activity, quality of announcements has improved, website has had a makeover, investor update with timeframes & some interest generated on Malmsbury.
Yet to see new directors backing & influence come through. These guys have been working in different parts of the world for years & surely have interested parties lined up or at least discussions ongoing.
Been doing a bit of digging into @mineralised comments & noticed a zone at Fosterville called the Allwood zone/fault. We also have a Kerry Allwood featuring in several GBZ announcements over the years. Wondering whether this was @mineralised contact that could not comment due to conflicts. Remembering Neil Norris also had some early dealings with Fosterville.
Currently a mystery which way share price will go but think you will be waiting a long time to get them at 3 cents. Anyway good luck with your strategy. I maybe should have traded a bit on these as currently running at loss but prepared to watch this unfold & give new directors some time.
They all have considerable skin in the game & the company has some good property.
Quality partners & a board prepared to consider current shareholders in future strategy could make the difference.
Cheers
Pickle
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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1.1¢ | 233773 | 1 |
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5 | 1438297 | 0.008 |
2 | 2200000 | 0.007 |
1 | 250000 | 0.006 |
2 | 370000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
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0.012 | 1156448 | 4 |
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