re: Ann: New Gordons Drilling Shallow Minera...
Yes very disappointing dapper. The fear of this off-screen sellers overpowers the good news today. I wonder if it is Washington H Soul Pattinson and Company Limited which bought 4m shares from John Goody at 25c each.
On the other hand, my history of AQR probably goes beyond this sale by John Goody and I can promise you there have been off-screen sellers for as long as I remember. Just when you think the selling may have been done out pops another seller taking out even more bids. There were few sellers in the upper 40s in the morning, why are they showing their hands only now when they could have fetched 50+ for their shares in the morning?
Their style of selling is either very stupid or manipulative.
AQR Price at posting:
47.5¢ Sentiment: Hold Disclosure: Held