Replies to post #8661 on Value Microcaps Junior Miners

[cl001]

05/04/08 - TOPSTOCKS Question Re: Association with Opes Companies
Any chance of a market update on number of shares currently exposed to ANZ Opes Prime sell
down?
ADMIRALTY RESOURCES NL Answer from Phillip Thomas, Executive Director
I don't know what this number is - Goldman Sachs JB Were apparently built a book over the
past two nights - I see a few XT crossing going through. Volumes over the past three days and
today add up to about 120m shares. There can't be much more left to sell, if the big parcels are
going to be crossed by GSJBW. Given that we have 61 buyers at 17 on the bid, I think it must be
day traders and XT's mixed with some people topping up. Please note I could be totally wrong.

[watanabe]

I've picked up 50K at .18 and another 50K at .17.
The picture's a bit hazy from what I can discern from hotcopper - it's possible there may be a lot more selling to come. Or not.

Maybe I'll put some bids in at .16 and .15 and hope for fills.