Good stuff trade4profit.
I believe they are selling 'on-market' instead of 'off-market' (which would be the sensible thing to do) so they can generate trading volume to plan for a capital raising. I cant think of any other reason.
I think the stock is very well supported or propped (for a better word) by their loyal supporters. We saw that today when it began to fall below 29c. The support crew moved in quickly to push it back over 30c.
Im sure once they release the handbreaks... the share price will run very hard.
The problem with all speccy stocks is that we never can tell WHEN the share price will run hard...
GUJ
gujarat nre resources nl
