Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Now the seller seems to be gone buyers have 14 trading days to get this SP to a level that does justice to the part Duferco deserves in this company. This is about the 6,25 million dollars Duferco will receive in shares for the 10-Day VWAP - 26th of October - 6th of November. To bring the SP to a decent level I would like to invite every one to reconsider the volume of BMN-shares. For the usual habitants of this forum already loaded this might require some creativity. Selling the house I had to drop, I do have a sink in the garden I can throw. Considering the 20 year old Volvo. Good Luck!
https://link.springer.com/article/10.1007/s11606-020-06244-9
The best idea about GS selling I had this day: GS done with selling will lift the SP and as this is one of the stories running on for example this BB it will send a message: pre-covid recovery and beyond. A fairer price even Duferco has to be pleased with.
@daddybigbucks: curious about the information you received on GS. At the 20th of September they still had nearly 30 million shares and I thought they had sold a bit more than 15 million. Will be interesting to see if they complete their selling before the 26th. Assuming it is GS who is selling.
I have counted 15 million shares sold, including the 1 + 2 million shares off market on 25th of September. That would mean 15 million to go. At this speed GS would be ready within 10 trading days, so before the 10-day Duferco period which starts the 26th of October.
There were some aftermarket sells on Friday (1 + 2 million) and yesterday saw some 250k sellls, but this might be PI's as well. If GS wanted two holdings below 3%, they will be done by now. On some good news the SP can go up again.