anywhere with the possibility of another draw down hanging over it's head. If YA was sold out, then good news yesterday would have pumped the SP. Now any news risks being tempered by the knowledge that we could be diluted at any time. IMO theres 4 RNS comming. Which one comes 1st? Itogon results or delay/SLM results or delay/MGA Sold or update/Next draw down. What I would like to see is a holdings RNS indicating that someone out there has faith in ECR delivering.
This will drift next week as usual. As we saw yesterday we will only see movement a couple hours before an RNS lands.........however it will be big movement as im certain it will be good news. I just want to know how they got a sniff that an RNS was logged! That movement was purely on the anticipation of the RNS - just wait until there is actually good news contained in it!
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