Its more likely that folk are selling their holdings at a profit to participate in the SPP. Makes sense and its how you trade to bigger holdings, and why the SP always retraces to raise price or a little lower..... what happens next is the interesting part. with all Sophs and Insiders all topped up, she resumes the northward climb.
GNX Price at posting:
22.0¢ Sentiment: None Disclosure: Not Held