Minemajor - Its more like someone big is buying and its retail investors bailing out.
There was a buyer for each seller in the last couple of sessions.
Have you seen any changes to substantial holding anns this year ? - no. Have you seen any director selling ? - no
Have you seen any increases in substantial holding anns this year ? - yes
I spoke with Evan Cranston a week ago. He said all the majors have been over their ground at least once and that they get unsolicited approaches regularly , as well as being hounded constantly for a full set of all their data. He was as disappointed as anyone regarding the shareprice performance this year , but has little worries , as operationally , things are getting back up to speed and making excellent progress.
He , as am I , are looking forward to some major developments in 2012.
I was a buyer yesterday and last thursday , not a spectator. And i know a few deep pockets that are interested in buying at these levels.
The sp isn't always reflective of the quality of the company , that is when you should be a buyer.
It just a shame that the trading is so thin down at these levels, would be great to pick up some decent sized parcels if they were on offer.
AMX Price at posting:
$1.48 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)