Further to my post above re turnover of stock since the run to 5.4c started, here is the additional to yesterday.
Stock closed at 3.9c on 8th Dec.
Stock T/O 9/12/11 to 12/1/12 (22 days) = 50.737M
In total, there has been T/O of 212.509M shares since the run up, then down, started on 4/10/11. This is approximately 15.5% of issue.
Top 20 as at Q1 Fin report (they didn't see fit to include top 20 in Q2 and Q3 reports) lists only 3 players with more than a 5% holding...ie, they would be required to issue a change of holding notice if they have moved more than + or - 1% of total stock (13.739M shares) on their holding...still no sign of a notice.
There are only 6 more players in the top 20 that could have this sort of impact on the sp and T/O, but I think they, or at least some of them, would need to be working in tandem.
Between them they hold 282.034M shares, with the largest holder on 62.5M and the smallest on 34.4M.
As Pauline Hansen would say, "Please explain!".
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