Ann: Change in substantial holding, page-9

Looking at the IMM daily share tradings. There are examples of Market Maker activity. Take today for example. Selling down at the start of trade, then a decent buy at the lower level. Consolidation continued at the lower level.

Note ChiX listed trades also. Not just today, but also many other occasions. They often chip in with low ball selling to snuff out any up tick. You can see the list of authorised 'Market Makers' on the ChiX web site.

So this is a good sign I suggest. The more the Bank of Melons pile increases, the more someone is converting IMM shares to IMMP.

How do they get the shares? Intra day they buy to push the price up or sell to push it down. Why? To hit high or low triggers. They then snap up those shares.
So watch out if you have triggers set. They hunt them. There weapons, deep pockets, long timelines, strong due diligence and someone else's money.