nick15 has been on about some leak from some printers.
He posted at half one in the morning predicting 15p today then at 10:35 he said he had bought 30000 at 24p cos he had heard some news.
If there is anything in this I guess there must be a suggestion of a leak at the printer which says something good.
Looking at the odd trading days over the hols it seems we have a net 280k shares bought more than sold. Today 480k more were bought than sold. This means that till this morning the mms had more stock than they had on december 19th.
Not sure what this means for the petrolex overhang but if someone has been having "words" with them one might consider a scenario which says the petrolex boys take the pressure off a bit and someone manages newsflow to help them bail leading up to the interims. Like endeavour did at chapire and I guess was also attempted with the el dordo announcement.
might go something like this.
-- we get some rumours and price rises prior to the interims
-- the interims are OK as expected but the petrolex folk have bailed.
- step 1 - lets have a leak from the printers
- step 2 lets hold back the petrolex sells to allow the market to pull the price up and get PRE noticed again e.g. back on the ;leader board for the first day of trading in 2001.
- step 3 - um not sure when the interims are going to be lots of chit chat
- step 4.... - well lets see what tomorrow brings
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