We were all asking who is the consistant dumper and I have only one entity that had just over 4% (40 million shares) Million Up Ltd
From todays register they are no longer in the top 20 - so this is your 40 million wash through.
The only notable movement also in the Top 20 was the increase in shareholdings from 1% to just short of 5% for Brazil Farming Pty Ltd.
We already were advised by management that Murray Zircon sold down ~40 odd million to increase liquidity and the good news is that they have not sold down since.
That being said certainly the mums n dads have been busy buying up.
Things certainly look solid from here, cheers.
IMA Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
