Bolkin do you really think that a top 20 (or top 100) shareholder would just dump a significant proportion of their holding especially when the buy side depth is below 300,000? Seriously? Why would they spook the market more. The more likely approach would be to sell down small proportions and get as much return as possible at a higher price.
You cannot possibly come up with that conclusion by going off the volume alone. The only way to find out is to obtain last December’s top 100 holders and compare it the end of January.
Then we will know for certain.
KMN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held