rmitchell17...Yeah...lots unknown.If it is the mortgagee...

rmitchell17...

Yeah...lots unknown.

If it is the mortgagee off-loading today, surely he would realise that he will get much more for the shares if he stops selling for a while now.

I have seen situations like this in the past, where large blocks of stock are off-loaded into fairly illiquid stock...typically selling is done in waves, with periods in between to give the stock time to recover.

Looking back at the procession of "change of substantial shareholder notices" the sales appear relatively small and consistant...LOL...at the rate they were selling, they would need another 2 years to get it all over with.

I have a suspicion they may have worded-up certain parties to sit in the queue, in preparation for the cheap stock that would be dumped today...in an attemp to produce a major increase in traded volumes.

Well, it appears to have worked, with 24m+ traded so far...a record day!

I'd be expecting a pretty big "change in substantial shareholders notice" tomorrow...after which, I suspect they may sit on their hands for a while to give the stock time to recover.

Cheers!