Steady on Roo Roo, the Elboz hold a stack of HEG, they did hold...

Steady on Roo Roo, the Elboz hold a stack of HEG, they did hold 6 million shares, now they hold 5 million, which is still a big stack. If they dumped the whole lot on the market at once, they would have scared the price down to five cents. This could have triggered a huge panic of stop loss selling. Instead, they were fed onto the market slowly. This has capped the price at 21-23 cents over the last month or so. The sale has been no state secret. It has allowed some of us to pick up some more stock at a good price. There is good news just come out re : Hargraves. We have already seen two good announcements, and probably more to come.

The Elboz have held for five years, they could have sold a few months back for a much better price. There was an announcement on the ASX as to a change in substantial holdings.

So how could the sale of such a large parcel been completed in a more professional manner?