Know there are some buyers/sellers off screen. They work in ways beyond me. If I remember correctly the old "U" bidders had to be over $200,000 worth, and when they got below that they went onscreen. Does anything similar happen with these Iceberg bids? I reckon out of the 2.5m shares this morning, there are about 1.6m left by the Iceberg seller. Plus of course, the 1m odd on screen.
Good luck, Glenn with your trading. Near 50% in a few days if you bought on the low. At this stage I've bought as an investment. PNR managed to start up their Kimberley mine mostly successfully when BNR didn't know what to do with it, and think they could become a significant player with their Norseman JV re-startup. Like the fact that they have only 2000 ozs a month hedged, and that's only till December.
kg
Where are these Shares?, page-5
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