"My point is when people mention 10 million vs 80 million is it really relevant?"
I read this somewhere on HC a long time ago and it still rings true on all of the spec stocks - in my view.
"Beware the off screen seller".
I suppose the same goes for buyer but it always seems to be truer for selling - I guess large sellers want to avoid 'spooking' the market as they look to offload a sizeable holding.
There were claims weeks ago about 'instos' buying in - can anyone see that happening now? With 3 billion shares on issues and no income - it's not going to happen.
QBL Price at posting:
4.8¢ Sentiment: None Disclosure: Not Held