Quick summary of what we are all waiting on - source Jeff Mckenzie, must be stated that some comments or points are alluded to rather than being word for word from Jeff himself.
1. No drill results will be released
2. Directors convened today at approximately 4pm and have all agreed on a market update which is now in the pipelines. Jeff did state that market update would definitely be released today before 6pm or first thing tomorrow.
3. Having chatted to Jeff copious times previously, today's chat revealed a rather enthusiastic and jubilant Jeff McKenzie - whether he was a on random daily high or whether that meeting went extraordinarily well; we'll have to wait and see.
4. IMO those 4million shares that got sold into Drakes online bid where a dummy transaction; they sell their own shares to themselves to create a sense that some shareholders are selling into the bid and hence causing other shareholders to follow suit and sell too. Didn't happen. Why? All the shareholders have strong hands and know exactly what they are sitting on.
Jay
BBX Price at posting:
4.6¢ Sentiment: Buy Disclosure: Held
