Ann: KDR completes acquisition of Mt Holland Gold-Lithium Project-KDR.AX, page-16

Last week:

UBS bought around 1.6M shares (around $250k worth) and sold zero. Bell Potter bought 539k shares ($95k worth) and sold zero.

Comsec contributed around 5.2M of total volume but net sold around 76k shares for the week.

Pershing net sold 2.0M shares, MacEquity net sold 1.0M and Hartleys net sold 833k.

Basically there are a couple of brokers offloading shares in large amounts (which I assume are from the 8.5c placement but this supply is being picked up by other brokers accumulating.

Since the rights issue hit the market on 10 May, around 220M shares have been traded. This is around 4x the number of placement shares issued. So if this volume is simply placement shares being fed into the market at 100% profit, it should be done soon for the next leg up.