It's either the Warambi Sara dissolution shares as Ralom mentioned or it's an Insto from the $1.30 raise who has decided to cut their losses. From memory there were a few cornerstone investors who took decent stakes in the $1.30 raising so maybe something has triggered a sell down/investment strategy had changed.
Can't be much left though but we need some news to get a good kick on, lots of people probably sitting on the sidelines waiting for signs of life.
IXC Price at posting:
80.5¢ Sentiment: Buy Disclosure: Held
