Hey zombie, for your information I followed up on the sell down...

First 1854 Last

Share
Profile

Follow
Gold Emperor

1,624 Posts.

8

11/06/16

09:43

Post #: 18012442
Share

Originally posted by ww2zombie ↑

I looked at current top 20 as appeared recently on HC and compared it to the previous one.I realise that these persons are just as entitled as anyone else to trade their shares and they are not Directors.They may have done so for reasons that have nothing to do with the performance of BDR,e.g. a need to raise money to pay bills etc etc.It is none of my business and my comment should not be interpreted as criticism in any way.
I was merely speculating that sometimes its useful to"follow the money"i.e. the substantial shareholders.Of course that principle applied unthinkingly could at times be unwise.
It should be noted as well that the very large shareholders like Paradice have not altered their holding.When I described the holdings that were sold as"big",I wish to correct that.Compared to the holdings of Van Eck or Paradice the amount of shares"unloaded" was in effect quite modest and probabely signified nothing of importance to the rest of us.

Expand

Hey zombie, for your information I followed up on the sell down by Barrett during the May horror story for "Gold" with a lass at Beadell and she informed me that Barrett sold to; "purchase other assets". I only raised the query as it's not unusual for Management, even though they are under no obligation, to explain why they have sold shares.

BDR Price at posting: 32.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

AR3

Overland drilling proves promising for Australian Rare Earths' uranium hopes

Trump is President Again: What Does This Mean for Crypto?

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

CPV

ClearVue inks deal with UK heated glass player to combine solar tech with its offering

There are more pages in this discussion • 11,872 more messages in this thread...

First 1854 Last

Add BDR (ASX) to my watchlist

Hey zombie, for your information I followed up on the sell down...

Top Stories

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Overland drilling proves promising for Australian Rare Earths' uranium hopes

Trump is President Again: What Does This Mean for Crypto?

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

ClearVue inks deal with UK heated glass player to combine solar tech with its offering

Featured News