Hi Rivrut.apparently it was 20 mill shares plus, so a controling...

Hi Rivrut.

apparently it was 20 mill shares plus, so a controling block, you would never pick that up in dribs and drabs.
I think the idea was to take control and do a better job than this board has done!!!
The seller presumably saw a premium being attached to handing over a significant vote..anyway it didnt happen presumably because of the recent developments..so 4.5 cents now is cheap..hence somebody accummulating slowly..probably someone already with a top 5 holding, therefoe no real sense of urgency..not as with someone coming in new and trying to 'put the cat amongst the pidgeons'
plus of course the rumour may be unfounded!!
There are plenty of nervous nellies out there wanting to get cash in at the moment, but even in this climate 4.5 cents is holding up..if the company did some clever news releases we might see more interest.
It would be nice to see another top 50 being released!
I bet none of the top 10 is selling!