GREY:PMVGF - Post by User
Post by
OracleOfOttawaon Mar 03, 2011 5:06pm
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Post# 18228071
Up 30%, down 5% - pretty good
Up 30%, down 5% - pretty goodthe bid is 90 cents right now on the ASX, opens in an hour, and we had good volume here today.
Clarus is still the 800 lb gorilla in the room - problem is that people keep feeding him bananas....
could have done better today, but oh well, hopefully the cleansing is almost over.
Any chance the insider selling is the "big guy"? with the ASX listing he went from 19.8% down to 15.6%, so maybe that was his exit strategy and he is trimming back according to his plan. Wonder when he will be done. Last discloser had him somewhere in the mid 14% I think.
Note that for everything he sheds, people are buying 5 - 10x that amount.