its quite obvious what the directors of this company are doing, after they realized they couldnt sucker anyone else out in the 60's one week ago they created some activity to weed out the impatient in the 70's and upto 81, then pushed it down again on no volume to now see what they can get in the 67-80 cent range, good sign today that nobody hit the guy on 70 cents wanting to buy 535,000 shares, makes me think a resource upgrade is imminent with as much stock as possible wanted before that news hits, one can be assured the buyer is only one of 3 people, the two directors that have been buying or our friend Mr Lu, i am sure he will have contacts that none of us have.
one thing to always remember, the top 5 shareholders own 50% of GWR, the top 20 nearly 70%, doesnt leave much for the rest as Hot Coppers faithfuls will definitely own 10% minimum as well.
Stay strong and dont let them wear you down
GWR Price at posting:
70.5¢ Sentiment: LT Buy Disclosure: Held
