I mentioned once before that very few (if any) shareholders in CHM actually hold more than 5%.
Here is a situation where that fact becomes quite significant. Any major holders can dump out without having to notify the ASX, so you can bet your bottom dollar that all of Benny's mates are waiting for just the right moment.
It's starting to make sense. This mystery litigation funder wants to remain anonymous so that no one can track their very peculiar trading patterns in the stock. Looks like these trading patterns have just started today !!
cpg, you and I both know what their answer to the speeding ticket is going to be, but it still makes my blood boil that our toothless tiger regulators just sit on their hands...
MMX Price at posting:
70.5¢ Sentiment: Buy Disclosure: Held