share price, page-1821

That sell of 920k shares at 6.1c (in 3 trades) is strong evidence that RBC is still likely selling. RBC seems to like placing orders of 200,000 and 250,000 blocks, unless there is a large buy order then they hit into it.

Done 4.5m volume today ... not too bad but not too great as well. If NUH does 5m units a day I can see RBC likely doing 1.5m-2m a day. For 17m to be sold this would be 10 working days minimum to go through. I assume they have sold some last week so their 17.3m is now down to say 14-15m?

If its just RBC selling, I don't see them crashing the price, however if another Top 20 (especially Top 10 holder) decides to join the selling then its carnage.

A 5.6-5.7c entry (or first entry as you should always keep some powder dry) seems good.