Having said that there has been 20 million shares traded on ASX/NZX over the four trading days this week - Ospraie only had around 10 million shares left at the end of January so another insto must have been selling as well as churning wouldn't account for the extra volume. It'll be a completely different Top 20 shareholder listing in the Annual report this year(last year it mainly comprised instos but most would have sold out to be replaced by retail investors) - it'll be interesting to see the changes and to see how many shares are left on the Canadian register. Definitely an unstable register given there are only around 161 million shares on issue but you would have to think that supply will dry-up shortly.
OGC Price at posting:
48.0¢ Sentiment: LT Buy Disclosure: Held
