i believe (or hope) that the deluge on vpg SP last week will...

i believe (or hope) that the deluge on vpg SP last week will exert only temporary pressure if it had come from a 'dump' of the 10c shares acquired during the last capital raising in sep09. there r a number of possible culprits: 1. mcCabe had about 20+ mil shares (from memory) 2. the underwriters ended up with 52.8 mil from the shortfalls in subscription.

i note that the crossing of some 23mil shares last week was done @ 10.25c; my guess is that these r the 10c shares getting out with a small profit to cover the 6month holding costs. if it were the underwriters; then the average prices achievable between the crossed parcels n the market prices n trades last friday will still b about 10c, which should remain the ST support level if we assume any or both of abovementioned culprits have exited.