Hi Jjace,
On the subholder notice and tying that into verifying your thoughts of accumulation happening.
There was only 358,333 shares purchased on market by this new subholder, the rest of the 18,229,000 that they reported was all part of the placement. So they were not accumulating much on market compared to the volume of sales over the course of the last little period.
I'm not saying that significant accumulation isn't happening, although I think it is simply trading and profit taking, but if it is it was not the new subholder as they got 98% of their shares at the bargain basement price of 18c as part of the cap raising.
Positive Sign, page-138
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