We have been following the Top 20 published on the ORS website fairly closely recently. It looks as if Mr Sabljak's holdings (3 different accounts) have been responsible for most of the buying over this period (as it is a very thinly traded stock) so he has been quietly accumulating, assisted by those selling down.
21/11/12 - Not in Top 20 31/05/13 - 3,832,000 01/07/13 - 4,067,300 22/08/13 - 4,253,616 10/10/13 - 4,683,019 30/10/13 - 5,305,016
On 31/10/13 there were a further 579,787 shares traded between 7.8c and 7.0c. It wouldn't surprise us if some of these haven't also ended up under Mr Sabljak's holdings. We'll see when the next Top 20 is published on the ORS website.
Whilst it has been very disconcerting seeing the recent slide in sp. it would appear safe hands have been mopping up. Just hope they can get a wriggle on with Alliance South ore and process some good grades to generate some cash!
ORS Price at posting:
6.3¢ Sentiment: Hold Disclosure: Held
