Well well well...very interesting...DMG appears in the top 20 with million shares.
No idea who they are buying for (its a client account)...but since they are Singaporean broker, Im not ruling out a a greedy (or desperate) Asian iron ore player.
DMG have been responsible for majority of PTS buying for last couple months) remembering that PTS:
- have a big interest in WPG (around 6 million shares and 5 million well in the money options) which has a signigicant iron ore deposit
- now has a big interest in EFE (45% of the shares plus oppies...and of course the loyalty oppies when entitled)
So DMG definitely interested in PTS for their iron ore.
Will they want more EFE as well...sure hope so (but they arent getting mine).
Cdchi1
PTS Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
