This stock of which i have held for a very long time worries me at times.
Excellent drilling results but share price declines every single time there is outstanding results released.
What baffles me is the long term trading patterns with this share.
For example today:- there is a seller placing continually all day, volumes ending in 587 and followed by 413 to round off to the 1,000.
So far today he has sold off close to 300,000 shares and he is still in the sell queue. This has been going on for a couple of years.I understand that brokers will quite regularly split sell orders to maintain their clients sell price but i have never seen a share that has maintained this pattern for so long a period and for totally, so large a volume.
I have purchased a copy of the share register and i intend on purchasing a further updated version a bit later to see if i can trace just who or whom is responsible for this.
It will be interesting reading.
I have tried e-mailing the chairman but his published e-mail address must be incorrect as it keeps bouncing back at me. [email protected]
This stock of which i have held for a very long time worries me...
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