former md - buxton selling...why?, page-49

of furthur interest is the holding company name

asx.com.au/asxpdf/20110617/pdf/41z8rvpl5ps7cl.pdf

on 16/5/12
buxton decreased from 14.72% to 11.10 % or 6,250,000 shares

they were all under buxtons name or buxton trusts and sapphire Ridge holdings

on 11/7/2012
goldsprey appears
previous 6,250,000 or 11.10 % decreasing to 8.51% or 6,250,000
shares

.due to share placement dilution.....NOT SALES

http://www.asx.com.au/asxpdf/20120712/pdf/427cg7r7n3j6fl.pdf

on 23/10/12
buxton is furthur DILUTED from 8.51 % to 7.40 % or 6,250,000 shares
due to share placement
http://www.asx.com.au/asxpdf/20121023/pdf/429l6wslxm2pct.pdf

RELEASE FROM ESCROW 15 MILLION SHARES
ANNOUNCED 21 /12/2012
TO BE EFFECTIVE AS AT 18/01/2013

http://www.asx.com.au/asxpdf/20121221/pdf/42c3ltvd6x5g5q.pdf

19/03/2013
BUXTON DECREASE
BUXTON ATF TRUST DECREASE TO 4.44
http://www.asx.com.au/asxpdf/20130319/pdf/42ds4yf627l7hy.pdf


BUXTON REMAIN HOLDING 3,750,000 +1,250,000 + 1,250,000 SHARES

MOST PRIOR SALES ARE DUE TO SHARE DILUTION FROM PLACEMENTS

with the significant rise it appears it was time to lock in some profits........but still retain a strong holding.....

the ex MD has no influence over the company ..nor does he appear to have any inside knowledge.....if he did he would have taken up the placements.........

i feel he was as surprised as most at the turn of events...and his sales add liquidity to the market.....maybe...or maybe they were snapped up at pr-arranged levels on market.......which would explain such heavy volumes at certain levels.......

the price went high enough to meet the sale price....

then it drops to do a mop up...of other holders........just a thought.....