Have just got the latest top 20 and it confirms that Paul Hopper and his KILINWATA INVESTMENTS PTY LTD have continued to sell. This all started on or around the 14th of May and he has sold now in excess of 150,000 shares in less than a month. That is well over half the shares traded in that time due to his sells. That is a huge impact on the share price getting up. And explains the lack of enthusiasm.
This is starting to look like what happened last time which slaughtered the share price for well over a year and half with the death of thousand cuts.
If he wanted to sell why not just put it up for an off market buyer exactly the same way we did with our holding in NOX.
May I suggest every retail shareholder get on the phone and email the company and tell them to organise a constructive buy out for Paul off market or threaten to follow suit.
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