Liongold Corp, the second largest holder, sold 22.5m shares this...

Liongold Corp, the second largest holder, sold 22.5m shares this week as per notice and have 94.5m shares remaining. The shares recently came out of voluntary escrow from a year ago. Liongold share price has fallen from around S$1.70 to S$0.01 in the past 18 months and they are looking to move off the main bourse. They probably need the cash and will likely dump remainder.

Unity $9m cap, $12m cash last qtr plus expecting a significant increase in cash which should be a catalyst in early April. Maybe more to come as production winds down in coming months?

How low will Liongold go? Hopefully they dump a tick or two lower to clear large overhang rather than sit at 0.8c. Also the chance of an arranged crossing at some stage.