Could be Iona
I just think with spotless, pacific brands and Ppx that there is an abundance of private equity players waiting to pounce on companies with huge revenues but in distress
No need for them to pay up when there is sellers out there but certainly they or someone is accumulating as the selling has been aggressive over the last 3-4 days .
When the seller gets hit , its easy to see the gaps on the offer , every night after the close the gap on the offr is highlighted , each time the offer of 250k lots are takn same thing .
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