Hi Dott, yes you are right, there was one seller with exactly 3mill and 600k was eating into at open. There was another small seller on top. Then on Thursday the 2.4 odd million remainder was withdrawn and then there was a seller who placed 2million at 8.4c. Now it is withdrawn.
My point is that if you really wanted to sell, would you just plonk on a couple of million on the sell side. I think the seller was surprised that there wasn't much panic selling and two small sellers had to sell at close to make it 8.1c...
Normally I would be concerned with a graph that looks like DRA right now, but the fundamentals and cash generation are too strong a factor and I will hold this one for some time. I believe it is manipulation and we could be looking at a takeover offer. With POG looking strong, it may be coming sooner than we think
DRA Price at posting:
81.0¢ Sentiment: Buy Disclosure: Held
