Accumulation over the last few days was the sign for today's...

Accumulation over the last few days was the sign for today's announcement......imo

You had the 200k bidder at 20 cents on Monday & Tuesday who picked up what was on offer at the open , both days his bid hit the boards around 2 hours prior to open. Todays bidder of 1m at 20 cents certainly cleaned out the board when the market opened. Very interesting, i remember someone clearing the board at 16 cents some time ago also with a 500k trade.

With today's announcement, interesting to see the placement going to also "Australian Investors"".....this was not mentioned previously,.....hmm i wonder if any went Mr Smith's way, Personally, i.m.o. i dont think so, but you never know what deals have been done behind closed doors. ....?

An interesting day for sure !!!

CPNR already @ 8p on the AIM....small volume to date.

Cheers
R