I saw that happens with another share very recently(apologies for my poor english)..
In reality you dont have a big shareholder selling..What you have is a daily action os shorters working hard and consistent and looking the gap and space to short they do that during the day but they close the position everyday... Meaning..you even notice in any shortselling list for ASX the existence of shortselling.
I'm not sure if this is the case here,but I know this is hapenning a lot with many different shares,,
Also that ghost the gold will be at certain stage 1300 and SLR will be 0.80 obvious doesnt create the best enviroment to jump in... people prefer look and try to see when the shares stop to go down..
Just my opinion
Cato
SLR Price at posting:
94.5¢ Sentiment: None Disclosure: Not Held