If ME are selling down the shares they picked up from the recent...

If ME are selling down the shares they picked up from the recent placement (possibly to a specific client) they will have about 2 million shares left to sell since the last substantial. They have been selling through broker JPM (they changed custodian to JPM from equitas).
The good news is - at least one institutional buyer have been gobbling up the selling and it looks like it is ongoing. At current trading volumes we should see ME reporting a change in
substantial about next monday week - possibly the end of their selling then.