"Is there something buried in last night's investor presentation that the market didn't know about it?"
No... not by my reckoning, just the opposite actually.
Two of the best performing gold stocks in the past 1-2 yrs have been SLR and MML. SLR was down up to 16% yesterday and closed 6% lower. MML has taken its pasting today.
My guess is its nervousness about potential gold price weakness leading into US elections and the Federal Reserve QE announcement tomorrow night.
Maybe a major shareholder, someone like Sprott Asset Management (shareholder of both companies) has locked in some rather substantial profits.
Rowingboat
- Forums
- ASX - By Stock
- X64
- looks like hedge fund selling
looks like hedge fund selling, page-8
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add X64 (ASX) to my watchlist
(20min delay)
|
|||||
Last
57.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $129.8M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
X64 (ASX) Chart |
Day chart unavailable