FH believes the meeting with POC1 took place in the week beginning Feb 15th.
About a million shares traded on the 15th and 16th.
On the 17th the volume increased to 1.5 million.
On the 18th it suddenly increased to 3,750,824 (Comsec figures).
19th: 3596243
22nd: 2292924
23rd: 3906088
24th: 3261694
Why the sudden increase in volume? Who was selling? Just before the bad news was carefully released in a report on the 29th? Does anyone seriously believe the news arrived on Feb 28 th?
Deals are made and deals fail but there was a lot riding on this...it had been reported on, peddled and hyped for about 2 years. FH drank the Kool-Aid like everyone else.
It seems, however, that someone knew the music had stopped before the rest of us.
THAT is what I don't like.
ADO Price at posting:
6.2¢ Sentiment: Hold Disclosure: Held
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