GL had 2,579,730 shares per notice this week re ASX query - thus the volume is way short of what was traded 1st thing. Maybe GL knows a few people who sold.
Now please correct me if I am wrong, but a Director will require the approval of the Chairman before can sell any shares.
Any shares sold until the 17th will reduce the average cost of the shares to be issued to the Chairman - to cut out the debt - up to maximum 27m shares
If it is indeed GL who has sold, then that may trigger a query from the ASX because selling during a drill - more so if the drill is a dud
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