re: Ann: Ceasing to be a substantial holder f...
Zzzzzzzzz. New financial year, anything exciting happen yet. Its hard to believe this is simply being manipulated, if enough buyers were interested the volume would become overwhelming and the sp would have to rise. We need something to trigger that turn around but with no drills or results at mapawa its hard to believe that just announcing the first pour will set things alight. At the current rate of interest we may just limp back to 17c. Still all major investors hold though so there must be a reason. I assume dba holding going up or down is irrelavent as they are only acting as brokers? Maybe dba holding changes only go to show that there are some games going on - ie stock being loaned to third parties (shorted??) and now returned by dba's apparent drop in holdings. Seems dba became substantial holder 9th may with sp around 14-15c and 85 million shares. Now ceases to be holder at 11c. If that was a short open and close someone made a nice 2.5 million dollars.
RED Price at posting:
$1.20 Sentiment: None Disclosure: Held
