re: Ann: CEN: Change in substantial holding f...
Timber...I think when RUM announced an extension to the T/O for another month, shareholders have possibly decided to use their money elsewhere during this time and we will hopefully find when it comes closer to the end of the month (and the end of the extension) they will gradually come back, especially if they have a much higher % of CEN, and we will see the sp rising again.
They had almost 70% about six days ago and I expect another announcement soon, but it is slow going and we have reached mid month already.
They might be lucky to have 80% by months end, in which case it will just be a bit more drawn out getting the rest. This is what is concerning RUM shareholders at the present time I think, so the quicker CEN shareholders sell, the quicker they will get their reward through a much higher RUM sp.
RUM Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held
