Well I have spoken to my broker who has obtained a copy of the top 50 shareholders. There has been very little movemnet selling but a bit more buying. So most of the selling seems to be coming from the smaller shareholder group.
It would be nice to see the directors getting in there annd buying as that would put some encouragement into the stock and also hey it is cheap and they might as well benefit from this as well. I would be happy to see directors in there buying but maybe they are not buying because they are unable to do so. Who knows? Only time will tell.
Today was probably the biggest amount of shares traded with the fall so hopefully the nervous nellies are almost finished. I will admit I was surprised to see it get to these levels.
CQT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held