All questions are worthy of consideration, I say again ALL
But I also say apart from the holders we know personally that post here, we do not know the UNKNOWN posters or their motives, a poster could even be PETRO RAIDER, we simply do not know.
14mil sell earlier - expect more notes to convert
When someone/ a few/ a group/ whoever it is working together in selling down, and then remaining notes are converted into fully paids, then they buy up more notes in the new note issue (possibly today), ask a question, why?
If the company was a dud and then whoever it is jumping into heaps more notes would know they could get caught with up to half of the register and no one to offload to, no liquidity and certainly not at a SP where they would be guaranteed of a profit, so
ask yourself another question, then just what is the game plan here?
What is lined up for these power brokers, and just how real are the issues bobbing up ATM? These issues have not as yet been fully released out to the market, why?
Something here doesn't quite add up to me.
And the cruncher is.. Is there someone, sometime, somewhere, with their cheque book at the ready? Or has this happening for a while now, note conversions a 15% to 0.007 vwap gets plenty of shares.
The seller of the 14 odd million this morning, do we know who that is? Do we know who the buyer was sitting in the queue with buys in up to 2.7 mil lots? No we don't, we simply just assume that someone is selling out, that's it, but you and I cannot see who the buyer was and the watchdogs aren't interested.
If the company and Novus go ahead with the note issue with this 249D hanging above them then I would say someone /some group has pressure to get their stock levels up right now as some would have sold expecting replacement shares from future notes/conversions.
GGP Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
