I suspect that the 4 million shares sold in a crossed sale are Wavenet offloading most of their remaining shares. The big question is who is the purchaser ... it will only be a couple of days now where I predict we will see Wavenet announce they are leaving as a substantial shareholder and another entity enter as a substantial shareholder. This is a good thing for shareholders as Wavenet have made it clear they were exiting their position so when they cease selling we will probably see the shareprice return to previous levels.
Good times!
I am the Iceman!
Add to My Watchlist
What is My Watchlist?