Michinyon Re the idea that Fang He's shares were just absorbed by individuals. Seems unlikely IF one can rely on the trading figures on Fairfax Price History site:
After this substantial transactions pretty much cease though there is one further blip on 19Nov 48m (presumably Andrew Bolton as he claims bought on market even though his declaration shows 24th).
I think you'll agree that if 20% plus of the Company's shares changed hands on 13Nov, 2 weeks after the distribution cancellation & with all the publicity re Fang He, it would be pushing credibility to explsin a torrent of individual wanting to get in and on exactly that day.
PS Also interesting to see the profile of increased sales in the week before the 30 Oct bad news - surely none of the insto's could have known, no it doesn't happen like that in Oz!
BCS Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held
