exco immediate future, page-14

superfunds were buying from June to 30 November, so roughly the first 5.5 months of superfund buyers have satisfied the 45 day rule and have therefore already sold if they were planning to dump.

There are still the superfunds from the last 3 weeks to go, where we saw some high volumes, particularly on the last 2 trading days where I think we had over 20m combined turnover from memory.

SOL needs another 21m shares or so to get to the 20% level. If I were them, I'd be looking to mid-Jan where those last 2 days' sellers might just try to offload the volume they need.

I didn't think we would fall below 20c, but we are here now, so who knows how much further we can fall. Still very confident though that current levels are a good re-entry and that the selling pressure will subside after a few weeks. Still accumulating.