The share register is basically changing hands into more corporate players.
I see Chalice have bought another 4m shares. They now have approx 8%. All that stock since the last substantial seemed to go through at 20c. This does not account for all the volume that has been traded this month. Well over 45m shares and these guys have bought 18m of them. Who has bought the other 25-30m shares?
Makes me speculate if some sort of a bid is not on the way here.
They have bought 19m shares. Why stop now? Mali is a great address if you want to get into production and they have multiple open high grade gold trends to plug some deep holes into. Chalice also have at least $40m cash plus some other stock. I think this one might have some merit. Time will tell with this. DYOR.
OKU Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
