Let's assume our 7M seller has an average of 22c. Why wouldn't he sell at 27.5 and make $380K+ profit. Not a bad 25% return for your money. Has the effect of creating a massive resistance point as well where he could be accumulating more.
Could be our substantial holder friend from the other day Glenstar Super Fund.
Now if the 7M gets pulled. He's playing a naughty game of manipulation.
interesting buy and sell orders, page-6
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