If the seller was HH they can not have too many shares left to unload. So the selling pressure should ease IMO.
I do not know how much HH paid for their shares but given that they are taking up 50 million shares in January at 9.5C (with the discount) it does not look like very smart move to me, to unload their current holding at 10c. Not much profit there, half a cent a share when the price can move couple cents up just like that. Maybe they are short of cash.
Of course it could be others, but HH is most likely seller IMO.
CBD Price at posting:
10.0¢ Sentiment: LT Buy Disclosure: Held
