Well, then, if Lanstead aren't the sellers, then someone else is. Other sophisticated investors from the December placements? Former director? Other participants in the recent raisings that were ratified by XGM last week? Again, today the volume to midday has been >55M (ASX + CHI). Since last week (19/1), its been >465M, not counting CHI.
Counting today (so far) its been 520M (excluding CHI except for today). Yet, of the number of shares on issue (392M), 65M presently remain escrowed. Now, if the CHI traded volume is also added in, its very likely that the full free float of MUS has been turned over at least twice since the 19th.
Indeed, quarantine out the Lanstead III shareholding and you get to a revised mobile float position of 290M shares which then brings the churn rate up closer to 2-1/2 since the 19th. That's some serious churn, day trading, speculation, or divestiture by existing holders.
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