GGE 0.00% 0.4¢ grand gulf energy limited

now we wait!!, page-30

  1. 158 Posts.
    The last notice from Mac B was a "ceasing to be a substantial holder" notification.

    This means that as of the 22nd of November they no longer held 5% of the shares on issue, so anything they sell from there requires no market notification.

    Can only speculate from here that its Mac B still selling.

    From the 22nd of November to the 3rd Dec there was a 37m, 20m, 35m, and 38 mill days of selling into .03 - or circua 110 million shares just on these 4 days alone. Again - my guess (and hope) is its Mac B.

    Lets say they had 200 mill from the 22nd of Nov ( a little of 5% of shares on issue) and it was them selling on just those 4 days - that leaves them roughly 100 mill ( don't forget all the other low volume days in between.)

    Noof
 
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