BLT 0.00% 2.6¢ benitec biopharma limited

Today is the day, page-14

  1. 2,762 Posts.
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    Only 3 million shares have been traded in total during the last 2 weeks.
    Assuming someone is accumulating by buying and selling to themselves and shaking out the weak stomachs (which is obviously the case) then I would guess they might possibly have accumulated a few hundred thousand extra shares for their efforts.
    Thats a LONG way off achieving voting control!!
    If there was millions being traded per day you might be correct.
    At the rate they are going it would take years to accumulate a majority holding - and thats assuming they find enough sellers. There is a large core of "lifers" in this stock - way too vested and confident in the science to be shaken out by these obvious tactics.
    "Silence" period is counting down.
    There WILL be news after it expires.
 
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