RE:RE:RE:RE:Los Santos News Release out on ASXThe "2 sellers theory" might just be true. Back when the selling really started in June of last year LB mentioned that it was a seller from Europe - he actually stated this in a news release and he mentioned at the time that the particular seller was not part of the "core group" of Almonty shareholders. I think Dundee probably would have been considered part fo the core group (but who knows really) and Dundee are not based in Europe.
As we all saw Dundee were selling through RBC, the current seller is unloading through Anonymous. The difference is that they don't seem to be in a hurry - they're happy to wait for bids and hit them once they come in never allowing the stock price to make any real gains. . .
Another theory is that managment likes the stock price at this level as they might want insiders to take the financing that is going to be done soon and/or because the AGM is coming up where they will set options for managment and again they prefer the lower stock price for that.
Just my thought of course. . .
whois