108M equals just a tick over 5% of shares on issue which means nearly 95% still held, assuming no churn/day trader antics, which is entirely possible in volatile trade. Above average - yes. A lot of holders selling - no. Most holders still holding - yes. A few more nervous nellies than usual - yes. Is Lone Star worried - no. Is takeover now more likely - yes. Is one (or 25c) in the hand worth more than a nebulous/unknown/maybe/perhaps future two in the bush - yes.
