$30 Billion Deal, page-1893

Equally we could ask why people were selling shares last month for under 3c? Why were they holding in the first place if they were going to sell at the bottom and just before results were expected? Seemed like an obvious time to buy to me.

I don't see anything unusual about the sell side but some of the buy side is clearly a mirage. Did you see the buy order for 10m shares at 0.0000000001c sitting there as Thaliat posted earlier. How ridiculous. Thats more than a third of the total buy order volume. Hopefully most here are experienced enough to only look at the volume within the relevant trading range rather than the background props.

Wouldn't worry too much about accumulation for a TO. So far despite the massive volumes we have seen in recent weeks we haven't seen a substantial shareholder notice. A trigger for such a notice would be a holding a little under 50m shares.