Running Commentary on the SP Movements., page-2856

Suddenly, 18m large sell orders have been put: 6 lots of 3m (2,150,000+850,000 x 5 + 2,250,000+750,000) from 24.5c to 27c.

Two questions:

1. If this is a genuine seller, would you suddenly put 18m shares on 24.5-27c???
2. Who has such a lazy 18m?

The purpose to cap share price seems quite obvious to me. Someone intentionally halts share price for potential takeover. Because if our share price were rising to 30c, 40c, they had to lift their offer, imo.

All imo.