Yes but dropping 100k parcels at or below last close day after day can't be the smartest way to sell a bunch? The converse to where we are now is it doesn't take much to push it up, I reckon if they wanted out they could of pushed it up and distributed. The way they are doing it is scaring off buyers. Will be interesting to see how low this ends up.
Blessing and a curse I guess. Assuming Tembo remains strong at least this won't mean a 30c TO. That would be a real cluster f*
NZC Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held