I agree Mclive. It now revolves around WHO actually own those 2.6 billion shares and that's why I consider volumes to be so important, and what levels those volumes are sold.
Pattern so far suggests that the bulk of selling still at these low levels, indicates that that selling is being done by ST holders i.e. those that participated in the .010 placements and issues between December 2012 and February this year. There were a billion shares issued, so, until those billion are out of the hands of ST holders and into a new set of holders, hopefully more investment oriented, the SP will continue to be overwhelmed by sellers.
That's why high volumes at these levels are much more important that the actual SP, as those sellers are what's blocking a significant SP increase.
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I agree Mclive. It now revolves around WHO actually own those...
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