Planaria and Dhuy,Someone wanted out badly before end of year...

Planaria and Dhuy,

Someone wanted out badly before end of year for tax loss and were not fussy about doing it. Immediately in July bounced 10c with strong buyers coming on screen. Looked to me like some people knew about sell down, stood aside then loaded up at the end before giving it a little nudge up. For every fund/insto manager with a large sell-down madate there are half a dozen of his mates in the know...lol

Minproc would be a great acquisiton for some at anywhere like this price, many years work if you believe resource demand will keep growing in the decades ahead. My hope since earlier this year has been for the waste arm to be sold or merged into another, crystalising capital gain for holders with clarity of earnings/value in 2 seperate holdings. Latest announcement seemed very confident of achieving this before year end with strong earnings from Minproc.

Thanks for views on Minproc new CEO, reassuring.

Cheers and goodluck