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Sounds totally plausible Clown, I have noted that the selling has been unusual in the sense that it has mostly been at market and usually at the end of the day.

I had a theory that the small "bot" buying was then been sold into the buy side in large chunks to push the sp down (i.e. buy quietly and sell obviously). That way the total number of shares held remains constant and therefore no 3B required OR is done on a small account which is not a substancial holder account, which is probably the most likely because a top 20 holder woulndn't want to be seen manipulating the sp.

If it is being held for an investor in the end it is going to be beneficial for all shareholders so I can live with it. Remember management hold plenty of shares/oppies and its in their best interests for the company to grow.

In the next month it should all unfold.