Good days for EXL, page-107

The notice about share dumping will stop when the number of shares falls under 5% (?) as that point is where "major" is defined. They still have about 5% of the total Elixinol shares to dump before they disappear from the news. I am sure, other players dump shares too. Remember that the SPP got 12.5m while regal placement was about 8m.

What I am interested in is whether 17c point will hold in the near future. When it hit 17c earlier this week, I was tempted to bail as there is no real business case to support it from going under 17c. The quarter call is going to be negative as Oliver already spilled the beans. The event in the US caused the pump but that looks short-lived. Next week probably sees the share price going aide way and edging lower again. Regal would continue to dump as they seem to be a clear short term player with no desire to stay.