we do know Australian global capital who were near the top have slowly been selling down, last count they had a million or so shares left from 4million shares. That's the biggest, from memory, the bulk of the rest of shares sold have been Pi's moving out of top20 and/or old brokers recommending their clients sell or reduce.
How long this overhang lasts is anyone's guess. Generally around a 9month to 12 month period is sort of an average period for this change over, considering management change. With a share with more volume and a larger amount on issue it can be quicker, but the register is fairly tight here and the lack of news has certainly aided the process, so I think that's why this has really drawn out much longer than anyone expected.
The upside to this is that any positive news can really make a share like this move very fast.
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