E25 4.55% 34.5¢ element 25 limited

really ....if that was true maybe that director shouldnt be a...

  1. 2,978 Posts.
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    really ....if that was true maybe that director shouldnt be a director......interesting guess work there

    Von Rico, the only comment your post brings to mind is the reality of dual nature of the auction process.....if the company comes to the conclusion theyre just burning cash and there is not strong evidence from drills of inground resource and a cupla major holders think the same then the volume they have as a % of avail shares could get dumped onto a shallow pending que, then you have selling weight and more shares diluting the buy strength .....it works both ways, so a small availability of share in-market with a small demand side suddenly becomes a large availability on the supply side ......tight supply has not driven prices higher....the reality of jorc/resource is what's keeping price where it is....to that end I think SilverLake has given you much more advantage than the resident ramper - at least in the thinking department
    Last edited by joulesmm1: 26/02/16
 
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