According to my calculation, after the big sell, ANZ still has 803k shares left;
From the 4th of Jun to now, 2220k shares traded.
I guess the 36c capper is ANZ, might be gone soon if not yet.
And the off screen buyer might be APG or sophisticated investors, including friends of directors.
About 50m millions shares, at 36c, market cap is only $18m or EV at $12m with annual royalty of $4m, and promising projects, I can see why APG want to have a slice of it.
According to my calculation, after the big sell, ANZ still has...
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