Hi, Am not a holder, have been following out of interest......

Hi,

Am not a holder, have been following out of interest... Initial announcement by co was disgraceful....

Someone asked to see who was buying and selling- thought I would post this info.... Not sure u can draw any conclusions...seems Pattersons clients got out at right time.

Note - net is the result of the brokers selling and buying over the period.
1 April to 11april

Largest net sellers between 1april to 11 April
1. Pattersons - 16.5m net shares sold. (3.7 - bought, 20.2m sold)
10.1m of those sold, were sold at 5.1c

2. Virtu financial Asia pty Ltd- 9.5m. (Nil bought, 9.5m sold)
6.1m sold at 5.1c

3. D2MX pty ltd - 6.1m. (5.2m bought, 11.5m sold)
6.5m sold at 3.1c

4. Australian investment exchange -5.7m (17.8m bought, 23.6m sold)
4.7m sold at 1.8c, 2.3m at 5.1c

Largest net buyers
1. Com securities - 18.2m net shares bought(132m - bought, 115m sold)
108m shares bought on the 11th 5.1c... Balance looks like buy sell intraday- in and out... Looks like got caught on the 11 the buying the

2. Etrade- 12.3m (39.4m bought v 27.1 sold)
Looks like day traders each day - buy and sell various highs and lows

3. Hartleys - 10.3m (12.1 m bought v 1.8m sold)
6m buy @ 1.7c , 5.7m buy at 5c


Some rounding errors above...

I wonder if the selling happened after the announcement and before the halt?
Consecutive and etrade suggests the day traders...