reason for 7% drop today, page-4

Major Shareholders:
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Directors & Management 7.7%
JP Morgan 7.1%
Grand South Development 6.2%
Acorn 5.7%
Black Rock 4.9%
Greenstone Property 4.8%
Northcape 4.7%
JP Morgan Nominees 4.6%
Northward 4.3%

JP Morgan (or another major holder) may be selling down a little. I haven't noticed any announcements suggesting a % change in their (or anyone else's) holdings. This makes me think that JP Morgan (or other holder) is selling off on any price rises and buying back on the cheap. With the number of shares they have and the algorithms at their fingertips they are trading RXM to average down. The parcels going through reflect this.

Their short one minute long the next....all above board of course but frustrating for everyone else involved as we lose control of the SP as it has no real correlation to fundamentals and progress.

If my theory is correct, can you give us a break JP.