Another potential explanation is a ‘crash and accumulate’. (my...

Another potential explanation is a ‘crash and accumulate’. (my own term, is this known as something else around the tracks?) Several times in the past I have seen this stock taken down 10-20% on low volume during periods of minimal buying interest and depth of orders, bringing the sell depth down with it, ready for some higher volume accumulation at cheaper prices, which is another potential reason for the action. If a substantial client of a broker makes a request to buy a large parcel, I would not put it past some brokers to engage in this sort of manipulation, so easy to do with vulnerable low volume stocks like UNW is at present.

Or it could be insiders selling before half yearly coming out tomorrow the 22/02/06. Unlikely though as dec quarterly figures were on target. They will be announcing subscriber numbers tomorrow, which might potentially surprise on the upside or downside.