Discussion with Alex Passmore, page-25

Anyone with broker data could tell us!!

I don’t think that’s the logical explanation. Unless a substantial holder is disgruntled and wants to cause damage or sink the SP, which has happened but this drop in share price is much bigger than any substantial investor as 190M share have been traded since the 28th when the selloff began!

Typically if a substantial holder wanted to exit, the holder would do an off market transaction directly through RXL and with the previous SP performance the transaction would be effortless and more beneficial to the seller!!

It is hard to pinpoint the cause as I’ve given other examples of gold jnr’s releasing ann’s and going through the same result!! Is it retail or is it pro’s, a combo of both? Pro’s dumping and retail following like a herd of sheep?? Or is it the market anticipating a pullback in the PoG??

Time will tell!!

Hold ya ROX!!