What’s happening!, page-28

Geopacific Resources Ltd (Geopacific ASX: GPR) notes that Pacific Road Capital has today sold its 6%shareholding in Geopacific on market to a range of existing institutional and sophisticated shareholders.

I think this is a tad misleading.  Why is it relevant ? Because Pacific road just wanted out, a broker made a price for the stock and did an on market block trade. It was not a placement as suggested above. That's who is selling. They have been selling since 7/9/18 patiently at first  now they are just  getting out of the balance.   It's what banks and brokers do, that's why the price of 1.8 cents for the 6% was at a discount, 25% as market was 2.4 cents.

Should be finished soon. Then up