Wowee, looks like 52million IHL were traded 15th September - Cannvalate held 32million as at 30th August 2023. You could assume that a reasonable portion of the sell off was triggered by stop losses and panic selling but even then, Cannvalate must have sold a fair whack! 32m @ say 8.5c (rough average for the day) is $2,700,000.
ECS had 4.8million traded on the 19th September - Cannvalate held 11.3million as at 21st August 2023. Seems like smaller fish stuff to me. Maybe they sold a small parcel? But 4.8m @ 2.3c is only $134,000 and that assumes the whole volume was theirs. I guess it all counts though.
ECS Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held
