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15,498 Posts.
592
03/06/11
15:51
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The BoA transaction in the past was a short with borrowed stock from what I could work out??
They certainly didnt sell 7m shares on market.
According to the company the seller/capper is looking for a cheap placement.
They have a computer running the capping.
You can tell as soon as you buy some stock it spits out some more small sells.
It loves to sell or have on the stack sells of 36,000 shares or thereabouts.
I rang MD the other day and he was in South Africa.
Any relevance to this stocks activities??
Anyway he said assay results out next week for sure.
He said there was hold ups coming down the mountain and one of management had family issues to attend to??
Anyway I await to see????
Hopefully we get some hits and run like NML today!
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