I have to agree. This sale will only put the brakes onthe price (for a period).
If they were a genuine seller they would have been better off selling smaller parcels ad hoc during the run (like yesterday for example).
Can't help but think they are wanting to buy more at lower levels.. Only a few nibbles at the 15.5 mark, will be interesting to see where their pain threshold is if their sale price is eaten into during the day.
CGG Price at posting:
14.8¢ Sentiment: Hold Disclosure: Held