DRM 0.00% 33.0¢ demetallica limited

I've never had the feeling that it is a leaky ship. They have a...

  1. 4,306 Posts.
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    I've never had the feeling that it is a leaky ship. They have a lot of announcements so more often than not within a few days of some price action then there is an exploration/production/construction update. Just coincidence in my view.

    Something has crossed my mind is that Hunter Hall has been playing with it a bit recently to keep their costs down. The initial run up to 60 was done a lot on market so they were pushing the share price up. That dip below 50 however looked very artificial and that they didn't want to overpay for stock. But if you want to buy 10 or 15 million shares getting a 2 cent discount makes a difference!

    Of course eventually Hunter Hall will stop buying and at that point they will only want the share price to go one way...
 
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Currently unlisted public company.

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