I wouldn't bank on tax selling being a likely cause for the fall...

I wouldn't bank on tax selling being a likely cause for the fall (and subsequent pick up suggested). The only people who could benefit from that in BSM's situation are those who bought in May when the SP was between 3c and 3.4c and those who bought in 2012 and prior. Everyone else is sitting on gains and selling would mean additional taxable income in the current financial year.

Like most, i'm just sitting on my hands for this one. Waiting for production news and some more concrete numbers around sale prices. The sell down doesn't appear to be anything other than impatient investors looking to access their cash.