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  1. 06-03-2019, 03:06 PM #4521
    JohnnyTheHorse
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    Quote Originally Posted by Beagle View Post
    How do you know its not just the buy-back ?. No one will reliably know until after the buy-back is finished in early April.
    Even a broken clock is eventually right lol
    Any shares purchased in the buy back are announced to the market the next day. Tomorrow we will know whether it was the buy back (most likely), or a large player building a stake (less likely). Gets interesting if it's the 2nd option.

    There's good money to be made here at some point. The question is when.
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  2. 06-03-2019, 03:13 PM #4522
    couta1
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    The $2.15 bid line not being dealt to like it has been relentlessly for a while now.
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  3. 06-03-2019, 03:26 PM #4523
    blackcap
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    Quote Originally Posted by BlackPeter View Post
    Well, buyback can be only 30% of the volume - can it? The other 70% must be genuine interest.
    Weekly or total volume. But yes any buying outside of the buyback and it has been 70% or more is still buying.
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  4. 06-03-2019, 03:38 PM #4524
    SCOTTY
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    Well, I was hoping that it was just the buyback and me
    SCOTTY
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  5. 06-03-2019, 04:18 PM #4525
    LAC
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    Iv bought a few as well😉
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  6. 06-03-2019, 04:40 PM #4526
    Beagle
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    Quote Originally Posted by blackcap View Post
    Weekly or total volume. But yes any buying outside of the buyback and it has been 70% or more is still buying.
    No...I can't say any more without breeching confidence.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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  7. 07-03-2019, 09:19 AM #4527
    winner69
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    Well Turners acquired 163,000 of the 300,000 odd shares yesterday

    Balance must have Couts, Lac, Percy and Scotty and maybe even beagle buying up big time ...doubt of BlackPeter was buying ,...and I resisted the temptation to average down big time seeing the bottom has been reached.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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  8. 07-03-2019, 09:22 AM #4528
    JohnnyTheHorse
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    Quote Originally Posted by winner69 View Post
    Well Turners acquired 163,000 of the 300,000 odd shares yesterday

    Balance must have Couts, Lac, Percy and Scotty and maybe even beagle buying up big time ...doubt of BlackPeter was buying ,...and I resisted the temptation to average down big time seeing the bottom has been reached.
    A positive sign that it looks like a large player is beginning to accumulate. Time to watch this closely.
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  9. 07-03-2019, 09:25 AM #4529
    winner69
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    Quote Originally Posted by JohnnyTheHorse View Post
    A positive sign that it looks like a large player is beginning to accumulate. Time to watch this closely.
    Just imagine ...a large player on board

    The ASX listing has its uses eh
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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  10. 07-03-2019, 09:45 AM #4530
    Balance
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    Quote Originally Posted by JohnnyTheHorse View Post
    A positive sign that it looks like a large player is beginning to accumulate. Time to watch this closely.
    Looks like short-covering - very nice profit to cover while Milford is still dishing stock out?

    Will get excited if insiders are buying!
    Last edited by Balance; 07-03-2019 at 09:51 AM.
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