curious movements

Aeris Environmental having retraced from its high 0.20's a couple of months ago, has been creeping along quietly 0.21 - 0.23 until yesterday when almost 600,000 units changed hands in a single cross-trade...

Time         Price  Volume   Value ($)      Condition
12:14:19  0.220  590,366  129,880.520  XT
12:14:19  0.225    44,000      9,900.000
12:14:19  0.225    22,037      4,958.325

... with a minimal impact on price, from which I conclude that there's been a bit of share-shuffling between existing substantial holders: if I'm right there'll be a notice of change of substantial holding shortly.

So maybe there's something in the wind? According to a market update last December, Aeris anticipates a "MOU or commercial agreement" Q1 2012 with a "major international" entity.

Here's hoping for good news ...

P.