I'm not picking on you, Johny, but once again you are wrong when you claimed there has been a major sell-off from the Top 20. Like I mentioned before, all of the Top 20 below have been purchasing and increasing their stake these last two years, and I know plenty more outside the Top 20.
In fact, Citicorp added 1 million just last week (and changed from HSBC).
Snow Peak Intnl Inv Ltd
ARM (NQ) PTY LTD
De Lacey
Citicorp/HSBC
Cousins
Success Sea Dvlmt Co
Provident Inv Strategy
Banyard & Holten
Silva PL
JP Morgan
Ukich
Scott
Sharma
Thom
Richards
Clark
Yes, GEO and JS have been selling for their own personal reasons (apparently) yet the rest have been buying because they know what is coming...
Here's the Top 20 from Friday:
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And here's from earlier in the week.![]()
Here's the Top 20 from Jan, 2013:
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I should also correct myself - MGT Resource's (MGS) plant runs at 70 ktpa while CSD/SPM's plants runs at 1 Mtpa (1000 ktpa), with only 500 ktpa currently operating and another 500 ktpa on hold, possibly waiting for the copper price to rise further. (Won't that be good news!!!)
Btw, isn't it strange how MGS can be worth $10 million while CSD only $8.7 million - just another example on how cheap CSD really is.
You might like to look a little bit further into MGS and then you will determine the fact that they were $40 mil MC before listing on the ASX. (That's a four-bagger for them just to return to their starting price - almost IBG like. Lol)
Is there any more research you want me to do???
;-0
Enjoy - Only 10 trading days to go until the vote.
I'm not picking on you, Johny, but once again you are wrong when...
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