Possible, but it is doubtful seeing as they already hold around 10% of the Company, it would be a bit like cutting off your own nose.....There are now plenty of Institutions and Private speculators out there who will jump at the chance to snap up any "dumped" shares sub 30c; and even if the SWF did "dump" to drop the VWAP, it would then mean that they would have to buy them back on a rapidly rising SP (Don't forget we have a lot of good news just waiting till the LSE is finalized), which could be very risky if they want to maintain their Percentage holding.
The SWF is an Investor not a Day Trader; every Investor holding this stock knows that we are in here for the Long-Medium term, true profits are still 18 months away when the mine starts producing product.
PM8 Price at posting:
30.5¢ Sentiment: Buy Disclosure: Held
