Lithium, page-37

I have been notified of more sells than buys in the last 6-8 weeks. This has been exacerbated by several large holders that have sold all of their shares in the company.

Taking out the couple of large holders, and we are talking 30-40M shares in total, then others have bought when the SP was low, and there have been a few new holders, which make up for any other sell downs by a few people.

I have been surprised that we were still around 56c when last informed by a large holder that he had sold all of his shares, after a couple of other large holders had informed me of the same.
IMO the shares are being sold, mainly because people are sick of the price going nowhere for month after month, so they have seen better opportunities elsewhere.
They are also easily being absorbed by the market. It has not been like a notification, or reason why shares have gone down, it has as often occurred after a rise in the SP, so over what period of time the larger sellers have sold I have no idea.
Whenever we have made a retrace down to the low 40's, the number of people in the group topping up has been a lot, showing me that below 45c there would be huge demand and we are unlikely to get there.
I hope that helps.