I totally agree. I seems that alot of traders are on this stock. last friday 5mil shares was traded, Thursday was around 3.5mil. We had 2.5mil filtered out today so far, out of which 2mil was the dumping. I suppose these are the people bought in above 45,46c and either profit taking or covering their collateral positions.
NKP's up high, If your assumption is correct I assume the companies are preparing themselves for a possible deal.
IGC MD Tony Sage just sold his CFE tennements. I assume he's selling off his IGC too. And I can make an early call that given the assets and background of IGC, it's more likely that he'll sell off the entire company instead of the assets!!!
Fingers crossed guys. HOpe those rumors turn out true
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