CLR carabella resources limited

Ann: Resource Upgrade at Grosvenor West , page-13

  1. 1,111 Posts.
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    Well said LastTrader.

    You only need to see the short position in this stock and there is only 13,335 shares short. Traders are not pushing this stock down, evident of today's volume/trades, IMO they are too scared as a T/O is on the cards and there is no risk/reward to justify this trade.

    There is clearly a large shareholder selling, it could be our old director mate, or it could be the escrow shares.

    If Shareholders were that unhappy about the MD leaving then no doubt this would be trading about 30 cents cheaper and it would have happened a good month ago. The market may not be buying the rumor, but they sure are not heading for the front gate either.

    No bones about it, Anthony Quin has a lot meat and the CV talks itself up. I reckon hes previous employer would not have been happy about him leaving, there is one way of getting him back and IMO that's the most likely scenario.

    Large shareholders will get an idea on the 6th of December (AGM) what Mr Quin is about and we may get a rerate if he is able to impress.

    Good luck holders.



 
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