yesterday was nice, today is average, started of by the first sale of the day, almost like this was the designated trading price for the day?
some holders probably wondering whats going on?
havnt mentioned whats being going on in the top100, thought let it slide but some very odd numbers recently.
HSBC, the a/c Quantum holds shares in as of 22/5 was down to only 15 million shares. National Nominees has increased to over 70 million shares or 25% of the company.
as there has been no change in substantial holders notice, it appears as if Quantum are selling shares on market to themselves in the National nom a/c.
why do this??
my first thought is that you can control the price and by doing so increase your holdings at a lower price.
this is just an opinion but are Quantum increasing their stake, remembering they are not that far of of the 20% mark or is there something else going on??
JM2110, Canggu, you guys seem to have your finger on the pulse, any clues?
RFE Price at posting:
95.5¢ Sentiment: Buy Disclosure: Held
