Not yet Veenay, not until Thursday when the escrow on 7.6m shares ends, my guess is that most of those 7.6m stock holders won't be in a hurry to sell at these prices,they will hold out for a better price,if the price does climb,it will be tempered by sellers at various between 12c and 16c and will probably seesaw for a while until the stock has been exhausted.not all will want to sell anyway. The number of shares on issue is 810m so, as a % its not much,but in this climate it is a lot to absorb.if they want to that is. I am more inclined to expect the price to drop further,but whether you buy now or, risk an increase whilst waiting for a decrease, they wont stay this low for long. as usual (in unusual times) the selloff has been over done but I wont be rushing to buy anything until after you know what.
