SHARE PRICE22 Nov 2018 13:37
MM`s drop the bid and PI`s immediately start wetting themselves and think something must be wrong!!, this is then followed by an inevitable string of sells as more people get spooked, but know one stops to question why. Has the outlook for the company suddenly changed?, no!!. Has a world class mineral deposit suddenly vanished
?, no. Is there likely to be no one willing to fund such a massive money making venture?, highly unlikely, there are tens of billions of dollars looking for a long term guaranteed return. Either the result of the DFS is already baked in and the price is well overdone and needs to find a new lower level, or this is a classic ploy to get the price down, buy back in and make an extra 10 plus % in a day or two. Seen it dozens of times. Stop selling and the price stops falling. GLA.