Ann: Management Changes, page-66

T+2 settlement would be Monday Jan 22nd.
The Dec 22 quarterly (and others) indicate that Top 20 (if included) is likely (but not definitely) to be as at Friday Jan 19th.
Obviously, the Jan 18th dump was a single seller and therefore has to be from the Top 20.
Sales on the day indicate multiple buyers. Perhaps some top 20 holders topped up.
Selling is obviously neutral at best or negative at worst.
Having said that, buying has been quite strong at $0.016.
The only question is whether that buying is well informed (inside information), just having a punt or based on a very detailed assessment of Otto's true worth.
Time will tell.
I think/hope that a sale is still possible.
Disappointed that they haven't announced further cost cutting. Hopefully that will come in the quarterly today or tomorrow.