CKA vs Others, page-265

Conversions and sales
I would have thought that they would have had mates buy and cause the price to rise. Sucker us all in and then start the bleed down during high volume days. However, management said at AGM that they sell their 15% almost every day.
In the beginning: Cokal estimated Magna would convert to obtain 42.2 million. Well that has been exceeded.
24/10/17 convert 4 million @ 5.2
24/11/17 convert 3.1 million @ 3.9
4/12/17 convert 17.25 million @ 4.2
19/12/17 convert 17.4 million @ 4.5
Total converted at 12/01/18: 41.75 million.
From Top 20 list at 12/01/18: Holdings 25.5 million
So from 4 October 2017 to 12 January 2018: Magna sold 16.25 million.
Mid March (say 16 March) I asked management how many they had. = 10.5 million
I estimate now, less than 9 million and another 11 million to convert.
So Magna continue to sell constantly!
Every share they sell at current prices is at a loss!!