too cheap!!, page-6

There has been solid selling from the largest shareholder UBS Nominess for the last 45 days. They've sold over 2 million shares already.

Has anyone noticed it? There is a constant 20 - 50K parcel of shares on offer always at 1 cent higher than the highest bid price. If someone buys 10,000 the number on offer automatically increases by 10,000. I've been watching it for weeks.

I don;t know how much they plan on selling, or if they have some inside info thats making them sell but its good to see CWT has held up relatively well in the face of this constant selling. Just wish it would stop so it could run again. I was quite enjoying trading the ups and downs but there haven't been any significant ups for ages.

I'm sure this type of selling happens frequently but I;ve never seen it before. IS there any reason they do it this way. I suppose it looks better than offering 2 million shares and panicking the rest of the market.