I agree. my uneducated guess is its glencore & maru combined continuing to get rid of most of their holdings (is this possible without having to announce yet?) Lets say G & M havent stopped dumping since their 16/2 announcement IMUneducatedO... lets say average of 50,000,000 units per day over the last 20 days thats a total to date of $1Billion instructed to go no lower than 3.5c hence why SP been stuck @ 3.5c for so long!
Ontop of glen n maru weve had west asset dump 75,000,000 completed on thurs16/2
Are the largest 20 shareholders required to announce an at what %'s?
Ann: Change in substantial holding (Western Asset Management Co), page-13
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