Ganfeng Selling CXO?!, page-51

The following are the top 4 shareholders of CXO:

1. HSBC Custody Nominees (Australia) Limited (135,837,288)
2. Ganfeng New Energy Technology Development (Suzhou) Co Ltd (90,591,715 )
3. J P Morgan Nominees Australia Pty Limited (84,732,414 )
4. Ya Hua Intl Inv and Development Co Ltd (69,815,094 )

At this stage we cannot ascertain that either Ganfeng or Ya Hua are the sellers. The article which brought up their names only speculated. We know that there was a single trade of 46,400,000 transacted. For every seller, there has to be a buyer. We will have to see the announcement on this shortly.
Many may be a bit nervous as a consequence of the daily fall in prices over the last 2 weeks. Rely on the fundamentals of the company and that they are due for a first shipment by the end of this year.
I am sure that many would see the current prices as attractive to buy and if some panic and throw their shares whether they be retail or institutional sellers, it becomes a buying opportunity for others. That is my view and not advice.
As for me I am neither shaken nor stirred. Lithium is in great demand and will continue to do so for a long while.