It is interesting though, what does the current activity around this SP level mean? You have very little buying hence little selling also. So what does it mean. Does it mean that most holders are not willing to sell at the current SP but are also not willing to buy more as they have already accumulated a large enough position?
Or is there another reason for such little trading activity. We know that of the 45% not held by our CEO has traded hands many many times over and hence the registry is now very split up rather than just a couple of very large holders. With 45% of 472 million shares being available to trade there is no reason why we should not be seeing larger daily volumes. Hence why I suspect the current holders are strong hands and are in this for the longer run.
Thoughts/opinions anyone.
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