Ann: Dispatch of Scheme Booklet, page-135

Hi RR, as Spook said, if the buyer and seller is under 5%, there is no disclosure requirement so we may hear no more. Or we might.

Given this is the third deal of it's type, it is clear that most of the trading in TPD is being done via the phone, not in the screen. If no SS notice eventuates, it is likely these deals are matching STX shorts, the STX insiders referred to this a few weeks back. Respected poster 618 did some analysis which showed attributing the falling STX SP to arbitraging didn't stack up due to the absence of corresponding TPD purchases which was in my opinion accurate. This now seems to be correcting itself with the buy side of these arbs materialising.

If it's any consolation, the arbs have been assisted in their endeavours by the 30% of TPD sold by the bully boys. It's ironic that their selling their TPD is feeding the STX short selling machine, kind of like giving your enemy a gift of new bullets for Christmas. Then again, this is the consequence of how STX designed the SOA so maybe it's a bit rough to just blame the bully boys. JMO.