I don't believe it is a leaky ship as the majority of the resource is already JORC'd. Rather it is my belief that it is an ex director / vendor from one of the prior acquisitions. Looking at the ask stack the orders are fairly similar in size and quantity which would suggest a party wanting to exit. Considering this has been going on for a while, I would hope that they would be nearing complete exit by now. In any case, the're not overly concerned selling at these levels which in my mind offers an attractive entry price for someone else. A bit of a bargain considering that we are trading at less than $30 / oz.
- Forums
- ASX - By Stock
- BDC
- Ann: Resources Rising Stars Investor Presentation
Ann: Resources Rising Stars Investor Presentation, page-81
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)