Hi Vintage. Giralia Resources was taken over by Atlas Iron a...

Hi Vintage. Giralia Resources was taken over by Atlas Iron a number of years ago and for some reason the "Giralia" name was still on the holding. It may be that Atlas have got around to updating their holding and it is possible that one of the entries (Pre-emptive Holdings in particular) is a renamed holder of PEN given that the share numbers are very close. Hence I would suggest that Atlas (Giralia) have probably not sold but have relabeled their holding.

Also, with all this selling, the buyers are still their in force and the balance seems to me to be pretty stable. It suggests that PALA may be selling and buying back at least some of their own shares, presumably to create a loss for some reason, especially given that turnover is very high and PALA's actual sales were (at the last declaration) less than a quarter of the trading. Interested in any comments people may have on this.