RSN 0.00% 10.0¢ renison consolidated mines nl

OK, I'm only watching the movement of the CG's, and I don't...

  1. 235 Posts.
    OK, I'm only watching the movement of the CG's, and I don't claim to have any idea as to the interest shown over the last couple of days. The buyer at 5.5 appears keen to swallow up all he can get. He took out the whole selling depth yesterdy, which is unusual, then came back for another nibble today. 1.5 million is hardly exciting, but it's intriguing, and gives away a level of interest not supported by available information.

    Let's watch the market over the next week. This time last week I probably would have considered selling mine for .055. I think I'll sit put for a while. If the volume goes up any more then drops back trying to calm the waters, brave traders may feel like jumping back in.

    Interesting times, and I'm watching the market. I know of absolutely no reason why anybody would be interested in accumulating, even if the suggested reconstruction of the CG's takes place. The conversion date is not for another two years.

    Happy to hear others' opinions.
 
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