Two special crossings were put through by a broker… 40mln and 36mln both at 5c.
This is intriguing….and may explain the quick run up to 5c.
An arranged sale?
What ever the situation….somebody has either negotiated to buy quantity and paid 5c….or a seller has needed to transfer stock to another party due to finance/loan/debt due/etc.
‘Either way, we won’t find out unless somebody trawls through the share register tomorrow…and then again on Thursday to find the changes in beneficial ownership.
The behaviour on mkt is starting to get me excited.
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