".................would suggest it may be the Germans and Singaporeans clawing back the CR funds?........................"
I can't help thinking that this is the case NZT. I mentioned it before as well, these guys have no history with PAA and many of them will understandably be just in it to recoup their outlay and sit holding the freebie oppies and wait for them to come into the money. I wouldn't imagine that it would be all of them however, and many will see the true value and potential of PAA. We've churned through over 11 million shares today and a few million after the last announcement so IMO we should have flushed most of them out soon. Hopefully then the SP can move higher until we get over the 15c oppies price. This may stall the SP again, but they'll have to convert them to be able to sell them and that means PAA will start to top up the coffers. They may even hold onto them as they have cost them nothing and by then may also see the value of MPL. Then we'll be past the road blocks and waiting to hit the "reward" oppies at 20c. A few more price sensitive announcements to come soon so anything is possible.
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