Post by
Rainyday on Jan 31, 2024 11:31am
Another possibility
I'm seeing a lot of trades in excess of 100k (volume now over 4 million) and I'm wondering if perhaps we have both a major buyer coming in and an existing large shareholder selling out. Hmmm.
Comment by
Rainyday on Jan 31, 2024 11:44am
Checking the key shareholders from the GENM presentation suggests a couple of possibilities (as well as Sibanye) as possible sellers. BTW, these 100 and 200 thosand share trades are largely going through on the smaller exchanges where they are not as immediately visible to the public. Pre-arranged sales?