Looking back at Oceanic Management Announcements it would appear that their buys were as follows
3/8/7 12.5m 50-60c
22/8/7 1.4m 40-45c
13/11/7 5m 55-65c
9/1/8 1m around 55c
Fairly obvious that the reason for dumping their stock was not to get a quick profit!