NAG 5.26% 1.8¢ nagambie resources limited

Progress?????, page-4

  1. 9,085 Posts.
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    This move down has nothing to do with the project.

    An empty progress update won't have any meaningful impact on the share price.

    This move is 95% retail holders puking their stock. Probably for now other reason than "the share price is going down".

    The other 5% is Woodford but he seems reluctant to sell stock this low.

    The people buying these prices are the clients of Bells, Shaws, UBS, Baillieu Holst and Phillip Capital. Arguably smarter-safer-hand money.

    It's just a process, Mike could speed it up, but otherwise just gotta let it play out
 
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