Ann: AGM presentation by MD , page-6

Lefevre, with all respect mate, how can you say it is a margin call? The market has been flying and this is the first solid down day in a week. To top it off, cmc has had a great run from recent lows. If this was to be a margin call, it would have happened by now. Furthermore, you get 24 hours grace normally so doubt today's fall would be the cause. I believe this was predominantly one seller and a big one at that. 250k lines and 75k lines all day. Probably close to 1m all up. I fear that the pump in the last week is for a capital raising and someone got wind of it. Hope I am wrong.