Ann: PAN: Anglo Pacific Accepts into IAF re MMW , page-5

re: Ann: MMW: PAN: Anglo Pacific Accepts into... Hi Zekane:

You're right. I didn't notice the volume spike (2.36 million shares -- usually closer to 400k recently). A few big trades throughout the day (500k, 300k, 250k, etc).

Likely related to the announcement of Anglo-Pacific's acceptance of PAN's buyout offer for MMW. That announcement was released around noon ASX time (maybe a bit earlier). PAN's price stayed within a narrow range throughout the day.

Still more seller volume (460k shares) vs buyer volume (250K shares), though sellers are further up the price list. Definitely much less lopsided buy-sell numbers than over the past few weeks.