new blog post - luminex, page-63

Hi Rogick,

Apologies for misinterpreting your words.

My take on the 300 million is that a lot of it is day trader churn. I think a lot of traders bought in, played it, saw it was still rising, bought in again, played it, saw that it continued to rise, bought in again and so on and so forth.

I suspect that the 10 million that ds sold probably accounted for a large percentage of the 300 million as they were recycled over and over.

I don't necessarily think that those involved in the placement would have had previous knowledge of ADO (definitely some, but not all) - so I think perhaps they're just having a punt with what they consider loose change...in the months ahead they'll either decide to sell or they'll decide to buy more significant holdings as they research it more...that's when it should get more interesting as I think the timing will likely coincide with new deals.

Cheers,

Kayokko