Someone is cleaning up decent volumes in single line transactions today, here are just a couple of the value-lines that went through, but there are many more.
$165,000
$286,000
$228,000
$287,000
$121,000
$164,000
$171,000
$144,000
and many more ....
At this rate their ownership will rocket past 20% and upwards. The Chinese are very patient, they will be willing to hoover up at this price for however long there are shares on offer, and if that continues for 3 months, or 6 months, or more, then they'll be happy to just sit and keep accumulating.
There will be no higher offer until someone forces their hand, and that includes shareholders just refusing to sell their shares at this low price. I can't understand people who are selling online in large tranches at this price, but it's happening.
Gw
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