big buyer at . 050 not a dummy, page-9

I'm tipping they're a new holder also, as they could've picked up as many as they liked at 5 cents in the top up offer of the rights issue.

I'm watching the trading with interest. Volumes are up which is positive, but nowhere near enough has gone through to account for the shortfall. Given the big hit down from 5.2-5.3 to 4.9-5.0 this morning, alongside all the supporting prop bids at 5 being pulled, feels like someone is trying to build a position and taking shares from weaker/impatient/nervous hands.

Good luck to all holders,

Z