Yep, UBS and Barclays do it again and again and again. Drive the price down. UBS the other day set a price of 34c yet in their announcement they sold shares on the 12/9/2008 for as low as 25c.
Clearly they will continue to sell at any price. I will come back to this share, but not until they stop selling. They still have about 10% of shares to dump by my reckoning.
Beware any new players who deal in this shares. It has done a lot of damage.
CL27
PEM Price at posting:
29.7¢ Sentiment: None Disclosure: Not Held