Kingdom. Since that placement of 260 million on 13 Feb @ 1.1 over 200 million have turned over including Chi-X where another 2.3 million went through today.
With no idea how many of those belonged to those SIs, I'd still be prepared to guess that most of them would be, on the premise that genuine holders wouldn't be selling @ 1.1 and 1.2 with so much on offer. Whereas, S.I.s are either pulling their money back, to pay for them being bought on ST borrowed money, or, not prepared to put up with the wait, or, are quite happy to take a 9% quick profit. Those that take placements are NOT usually "investors" or holders, note no change in substantial shareholders notices since 13 February i.e. most likely many mid sized buys just for the quick hit.
Can't see genuine holders having those thoughts.
So keep those dumps coming ASAP as I don't think many S.I.s are prepared to wait ANOTHER 45 days UNLESS they know more than we do!!
AKK Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held