HYD 0.00% 1.4¢ hydrix limited

Why would the main shareholder be buying up and accumulate close...

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    Why would the main shareholder be buying up and accumulate close to 140 million shares only to sell?
    King would not sell at this stage unless a take over at $7 per share netting him $1 billion is on the table
    I think he knows he will be the next billionaire and so why not accumulate at the current prices before contracts are signed.
    Also the shares were not acquired in September as I believe that too much has been brewing at PSY therefore preventing king from acquiring any shares
    I DO EXPECT AN UPDATE BY THE END OF THE MONTH TO INCORPORATE ADDITIONAL APPLICATIONS AS WELL AS SIGNED CONTRACTS FOR SMALL ORDERS
 
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