Caught up with some of my well connected friends in the west this afternoon. The only thing they are more excited about than a derby grand final is D13!
Apparently been a few large KNE holders selling post deal announcement but a number of brokers with firepower at Hartleys been soaking up all the loose stock. Expect the selling to dry up an big run towards 20c in the coming weeks. Roadshow isn't far away and I suspect they will give it a nudge this week to try and build momentum before hitting the east coast. The days of buying sub 10c are over (IMO)
D13 Price at posting:
9.8¢ Sentiment: Buy Disclosure: Held