i rang the company..., page-8

Good to hear from you Ohyeah76 and as usual, good post.

Lying awake last night (as you do with a paper loss of a gillion dollars), it dawned on me that judging by the consistently sized orders going through, its pretty obvious that its one seller.

Probably Hartleys or Macquarie who took a large amount of stock in the placement.

What I can't work out is why the company hasn't rung them to place their remaining stock that they persist in smashing out to the market at these ridiculously low prices.

I mean wasn't the placement HEAVILY oversubscribed!!

Yeah...yeah...can't tell who the seller is until T+3.

My arse.