I thought the shares were only placed the last few days, sell pressure has been over at least a week? Also until an updated Top 20 comes to hand I don't think we can rule out a big holder selling down?
If you are correct, and I hope you are, it's a dog act and a half by the broker on the receiving end of the placement but I guess that's life down our end. You would have thought we could place it all to cornerstone investors?
TMT Price at posting:
47.0¢ Sentiment: Buy Disclosure: Held