The initial drive of the price down occurred at 12:32pm AEDT,...

The initial drive of the price down occurred at 12:32pm AEDT, the AGM didn't start until 2pm AEDT so that wasn't due to the AGM.

Going on my calculations I figured that CBA did not fully sell down their holdings, given what I thought they had left I believe that they were the ones behind the last couple of large volume down days. If I am correct today's selling should be them out of NFL totally, and if I am correct then unless another large seller shows up then I would say that is the end of the large selling pressure.

Yes, I am once again calling a bottom for NFL. Sooner or later I must be right. ;-)

According to the AGM the refining of glycerine will generate sufficient cash flows to meet their fixed costs. Question is will it be just enough to cover it or will their be a surplus of cash? Either way it means that as things currently stand NFL will not be running at an overall loss even with record prices for feedstock, nor will they need to go to the market for cash injections for working capital.