Volume, page-187

Not sure about any conspiracy around anyone "holding down" the SP. We have a ready-made potential suspect in the form of the recent block trade buyer of BMM's 111m parcel @ 9.5c. IF they have a ST mindset, then they can "feed the chooks" and dribble it out for a nice quick-ish 20% margin until it's gone.

Maybe some nervous ST Placement recipients selling too, but their margins would be much, much skinnier, so only the weakest of that group.

It's not terribly unusual ST market overhang behaviour following a large CR and a also v.large single block trade that hit the market the very same day the Placement shares went live. (It looks very much like BMM did a slight panic to hasten their August offloading campaign before any real potential selling pressure from the Placement hit the market (i.e. presumably fearing a bit of a SP rout to levels below 9.5c). Trouble is, they (BMM) appear to have GROSSLY under-estimated the underlying demand for scrip following the CR and have comfortably forgone 20% in gross realisation wrt their block trade sale. Brilliant!)