One individual just dumped about 4 million shares in one hit...

One individual just dumped about 4 million shares in one hit down to 1.2c.. He's balance of 2.8 million shares got taken a few minutes later.

Don't try and make sense of it.

Gold and copper at record level highs and Northern Star will become the biggest shareholder on the register once the cap raise is completed.
They have agreed to underwrite the placement.

The obvious question is WHY ???

The last time I checked HSBC Custody Nominees Limited were the biggest with 16%. NST was currently second with 11%.

Once the cap raising is completed the top 20 shareholders will own anywhere between the 60% and 65% mark . Could be as high as 70%.