Ann: Response to ASX volume query, page-2

Just watching this one. The company response is that a large shareholder was dumping on market yet the buying activity this morning wasn't a seller dumping into the buy side of the market depth because there wasn't any orders in the buy side yet 400m shares traded in the hour after opening (roughly). Doesnt add up unless this was an organised purchase and the large shareholder was first in the queue of sellers.

Was thinking pump and dump, but doesn't seem so as the buy side now 90m plus shares. I like watching breakouts to see where they go, fascinating machinations of the little leagues, interested to see what happens here in coming days as the announcement of nothing to see here hasn't resulted in any FOMO buyers following this mornings pump in trading volume selling in disappointment (yet). Myself included for a small punt, maybe the deal is coming closer to fruition.