Thanks kingrose, from what we've surmised that sounds highly likely to me. So we are probably looking at only about $1.25m worth of shares still to go, that's manageable.
However, IMO, there is another factor coming into play, which I've alluded to before, and it is that there will be punters who are overextended in LOM and not very comfortable with their positions; these punters, having bought the excitement, or exercised their options, are now facing the reality of a falling share price and 'imminent' news which could just as easily break the company as make it, at least in the short term. Some of them will be lightening off in coming days, as we've read in several posts recently. They will proffer all sorts of reasons except the true one, which I believe is as I've outlined above.
B22
