Prospektor, that is very significant news. RAB have been a significant player therefore in pushing the price down over the past few weeks. They have been selling a number of stocks of late with no reference to the prospects of the companies involved. They seem to be madly just selling to realise some short term gains. The word is they have suffered some losses and are trying to recoup these. I have interests in another few companies on the ASX where they have done the same thing. They seem to be spread across so many positions that they simply would not have the time to understand what they are doing. Once they make a certain profit they sell. Not very clever in my book, but each to their own.
To the extent that they are almost out of their position in THR, it is a good thing.
THR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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