Just a pity someone seems to be selling a lot of volume and for a long time. I would be surprised if it wasn't a significant shareholder as these volumes are constant and the other day an HC member pointed out that 2 million was loaded on the sell-side and withdrawn. So only a few that could load that many so am surprised that one of the significant holders hasn't sold enough for them to decrease by 1% and have to notify the ASX.
May have to wait a bit longer but the fog will at some time clear and we will be able to understand the price action which seems to be illogical given the turnaround in the past 6 months, in my opinion, the holder seems to just want out and is prepared to beat it back down to 17.5c to do so.
I am happy to hold until they have finished and to see the next half year and hope to see the company start growing again.
SEQ Price at posting:
17.5¢ Sentiment: None Disclosure: Held
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