It's like a vicious cycle. Which came first, the chicken or the egg.
Did the SP dropped because the big investors dumped, or did they dump because the SP was heading down? AC's thoughts were that their selling resulted in the SP going down; hence the SP should go up now. The investors were obviously that big, otherwise there would have been a notice.
People sell for various reason, being insolvent, changing of strategy, decease estate etc, but TWO at the same time? Be interesting to find out who they were and why? Maybe they were just sick and tired of the "tight hole" and lack of stimulating news like a lot of us. To me, using the chicken or the egg analogy, it seems to be the latter, and the effect was compounded.
KKW
Ann: Quarterly Report March 2015, page-5
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