Dapper, they'll know who it is selling down, and may have even been informed of this during Diggers and Drillers recently in Kalgoorlie.
And you are correct, the ASX have missed the trading activity in EAR and should have issued a price query by now. I'm giving them the benefit of the doubt, and am assuming their identification algorithms have either not picked this up, or the ASX staff have just neglected the red flag for some reason.
On another point, ALK have $80m in the coffers, and their CEO recently said they have $30-$40 million to invest in a small cap gold company, possibly at development stage or in early production. That money would see EAR into production, but I'm not sure what ALK would want in return, quarterly cash returns, share equity, or physical gold. Interesting scenario though.
Only 2 of my goldies are up so far today (but that may change), BGL and EMR, and I also have WAF on high conviction going forward.
Gw
EAR Price at posting:
16.0¢ Sentiment: Hold Disclosure: Held
