Walking sp up ??25 May 2018 13:14
A couple of posters have expressed the opinion that Mms are walking the sp up. Personally I don't think so but I don't have the L2 stuff. What I can see is 2x buys to sells today and almost all week on relatively low volume, moderate shares on issue and as far as I can see quite a good quality share register going quite deep into the field.. Not to mention two top ranking properties at top quartile grades and resource depth with excellent growth to come and one moderate grade property with good tonnage and a top mining partner !!!!!
Why would the MMs feel they need to go walk about. ?? With EU starting to pay attention at last ???
But if MMs are squeezing the sp up what must we think. If I was David and I needed to raise cash I would pick up the phone to MMs and make a plan ...... like I will go on a big jammy tour explaining what a super Co SAV is etc and MMs walk price up and then we strike a money deal.. Something like that ?????
Speak to me !!