Very encouraging signs the last couple of days. Have been watching the depth closely and apart from there being several larger orders in place just below the offer, there is obviously some accumulating going on too and each time a chunk is introduced at 59c, it's being taken out.
Looking at the last Top 20, i guess we can assume MQG still have some that they may want to get rid of. Or am i mistaken? I make their total just over 30M shares and they only hocked 25M as per ann.
Either way, there's still someone offloading a little.
http://www.neptunems.com/sites/neptunemscomau/assets/public/File/pdf/Top%2020%20End%20of%20May%202009.pdf
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