PGISet to move back to 12c plus this week..Heres why Buried deep...

PGI

Set to move back to 12c plus this week..

Heres why

Buried deep in todays Speeding tkt to quote the Company..


A possible explanation of the price change and increased volume was the sale of approximately 2,300,000 shares by a shareholder on 24 January 2013 which was conducted in a fairly aggressive manner, as have been some of the same investor’s sales of over 56 million shares during the past 12 months when the holding overhung the market.
The manner and timing of the disposal of this block of shares on 24 January 2013 pushed the share price down from previously stable levels, and may have triggered the volumes and resultant prices the following day.
The shareholder no longer holds shares in the Company.


A certain punters report loves this stock and will no doult give a glowing ramp now that the overhang and selling pressure is off the stock.Once published.


Also thanks Webral for finding this deep in the pages of todays ST.