It could also be a raider making a final purchase before requiring disclosure through a substantial shareholder notice.
This is a common tactic used in order to get as much stock on the cheap as is possible before making a takeover bid.
Such deals are usually done through personal agreements etc.,
Oly, do you know who would have 6m shares to sell? There can't be too many of them, I'd guess that if they have strong connections to a potential predator, then that may the entity launching the takeover bid.
CMR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
