Iam not assuming all of the volume being tipped out is from one...

Iam not assuming all of the volume being tipped out is from one seller. However there aren't many on the register with that type of size.

Would make sense to be one of the note holders tipping out their equity that was picked up at 1c or one of the larger top#20 holders. If you look at the latest top#20 in the annual report, there are only a handful of holders with +20mil shares. My guess is possibly one of the funds (Regal or Fidelity) 'trimming' & 're balancing' their position. If that's the case a change of substantial notice will be forthcoming.



Once the market is confident that the seller is done and won't keep slotting lines of stock into the bidders at 1.1c it will bounce.

Dave & the team need to deliver, the market is hungry for Illumen paid contracts to be executed. It's all well and good and positive for global organisations to be signing paid pilot's, however the market will genuinely buy in & get behind the story when they see commercial contracts coming through.

Lets hope there's a bit of juice in the up coming qtrly report, not just a rehash of news from the last qtr.