ASN 4.17% 12.5¢ anson resources limited

Ann: Surveys Completed for Exploration to Commence at Yellow Cat, page-9

  1. 10,506 Posts.
    lightbulb Created with Sketch. 2087
    Fantastic news, but the URA ETF is so happy about the news that they are selling around 20k worth of stock per hour in small amounts every minute or two to force the share price down in readiness for probably another round of buying, maybe looking to add another few million, or maybe much more if they see yellow cat as more important which would change the percentage of what they view should be held within the list of stocks in the fund, more pegged or acquired leases by the company may also trigger a significant shift in the criteria to hold more shares within the fund.
    I suspect that the share price will be 13 cents by the end of the week before a major rerate which should see 22 cents very quickly in my opinion.
    Games of greed will be played, stay centered and the light will always win.
 
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