not over til the fat lady sings. Besides, conversion is a known known. Its already baked into the price. I assume they've probably already dumped what they wanted to dump months ago, the rest is just ensuring the VWAP and the odd impatient retailer. Once they convert this will be pump so hard and that will enable fresh blood to enter and for management to prove if they can maintain the momentum.
really there is no one to blame here apart from the piss poor communication from ANW. Anns that half tell a story, big gaps between news, delayed assays, etc etc etc etc. its just frustrating as hell. There is zero chance they haven't go the assays back and made a meaningful interpretation by now..... this is all being sat on for some reason? as rattle says... are we crushing and we selling? who the f*&k knows.
I cant blame anyone for selling as ANW moves at a glacial pace. the upside is huge though, so its, as always with specs, a gamble..... will they deliver or will they sh*t the bed.... we'll know when NM and PW are done playing games.
ANW Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held