nice open, page-17

Paradigmshift

You said earlier today
"yeah the sell side is looking like a strangled cat ..."

At close today the sell side is now looking quite healthy. It always amazes me that at this stage of proceedings there are so many holders willing to suddenly sell on a price jump. Apparently happy to skim 20% and get out. For them a bird in the hand is worth more than two in the bush I guess. Some sense in this approach but it does indicate to me that the sellers are not really aware of what they are probably foregoing by holding for a few more weeks.

(Although I have to admit that I had the same view of sellers taking 55c last year on the day before the AGM. The next day the price was 45c and the rest is history. Lets hope history doesn't repeat itself!)