Personally, I'm not expecting some type of magical turnaround next week. SD will need time. The remaining 4 SW drills will probably do nothing for the SP up or down and I expect sideways trading for a few more weeks.
Maybe they forgot about the fact. 1. They need to hold 30% stock...nobody has that much 2. They have to offer cash to shareholders matching the highest price in 12 month period... 39p baby 3. Rumours made by morons for morons
chase the bag. i posted that around 8 months ago, i still believe the final total will maybe hit 30moz. it came from on-the-ground sources. who knows if its right or not. the point i was making was that there a lot of newbies that have been spiked at 35p+ and in the last 10 days the sp has done nothing buy slide. they must be hurting and seeing some of the recent nonsense is not helping. thats all it was. i am sure you will agree.
we have had a week of certain posters claiming big, huge buys are going through. bouncing around stupid figures like 30moz & 40moz and loads upon loads claiming to be buying the drop.
not really seen anything to support any of these claims and they are not helping the panic squad.
Most of us were loading up under 2p. Everyone else has been chasing the price. Buying at 37/38p without research will draw no sympathy from most of us, same as selling in the drop 2 weeks ago.
Doubt any of us care if the gamblers and traders get shafted to be honest.