"Another way of assessing current sell offs is this...Over 60% of the stock rests with 3 entities who are clearly not here to day trade for profit and have vastly different motives to the rest of us on that score (either sell once totally proved up at highest possible SP (KAH...perhaps) or operate as a global U giant. They all fell over each other to maintain respective percentages and eagerly took up the 1-35 with garantees to take up shortfall yada, yada. They (we) all did this knowing that $7.75 was a figure unlikely to be seen again on those basic lovely valuations."
I like most other 'mum and dad' investor took up all my allowance and wished they were leftovers that no body wanted. Like any stock they is never one straight line up no matter how good a potential it is! Not even EXT with the corporate register and they will be period of consolidations and sell downs. These are just daily noises for us long term investors who are more interested in the fundamentals of the drilling results.
EXT Price at posting:
$9.40 Sentiment: Hold Disclosure: Held
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