STA 0.00% 9.5¢ strandline resources limited

mate who knows their overall fund performance has been terrible....

  1. 753 Posts.
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    mate who knows their overall fund performance has been terrible. (RF1) outflows, window dressing as someone else mentioned, it would be a blip in their portfolio. Normally these guys have a level not to be selling below just given intrinsic value of positions for PM's but if you can get out before month end, do it. They pulled the 1m shs at 26 today, didn't look like they were selling below 25c yday but who knows. I would expect the selling pressure ends this week, no idea if company giving us a 7th shipment update or covering this off in the quarterly going forward now. They have said they are still sending one a month so I don't doubt that to be the case and will just keep nibbling this week, if i was a betting man I would think the selling comes back unless a big cross comes up today.
    https://hotcopper.com.au/data/attachments/5385/5385204-ca48763af550ccd337a701bf06a9e7ac.jpg
    I might be wrong but they are the only ones to sell 2, 3- 5m shs a day and not file for a few weeks,
    https://hotcopper.com.au/data/attachments/5385/5385220-d14926ee6f86c8773aecb7c190131e99.jpg

 
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