It was interesting watching the trading of HIB after the cross of 2.2m shares at 1.40. From memory HIB at the time was trading around 1.70.
It appears that part of the 2.2m was then duly dumped on the market as the price was hammered down to around 1.45. The most pleasing part about this selldown was the support the stock had as it was hammered. Good bounce today up to 1.58 and strong depth on the buying side.
