Stockextreme might be right but a quick analysis of the top 20 suggests only a few possible sellers. Especially if the other 26 million odd at 0.005 are from the same source.
Firstly, it may have been what ASOF has left
Secondly, the Somnus 25 million were sold a few weeks ago
Thirdly, maybe Limitless? Actually doubt that but possible
Fourthly, Len.
I doubt any of the the recent CR would be sellers at this level.
I also note there are another 26 million odd on at .005. To me that suggests only one possibility. Len.
Whilst I may be wrong, I do know when Len left Linc he sold down every last share he owned. No matter what price.
Posters here should think like a commercial minded corporate might. That is, if Len is connected to Exergy, and that's his only link to an actual technology, then his departure doesn't mean the end of UCG ( we still await guidance on this) but it could mean that the new CXY doesn't want Lens stock overhanging its actions. Frankly, and no disrespect to Len, I wouldn't!
As I mentioned in an earlier post. The other reason for this "enforced" sell-down might be the only way Len can be free of conditions that might have stopped him pursuing UCG in the near future.
If this latter one is true, it'll be interesting to look out for a resurrection.
Either way, it could free CXY. Which if that's your only focus, can only be good news. .
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