major seller may be macquarie, but they are facilitating the sell order for the fund that is obviously mandated to sell down stock (potentially for redemptions ???). not many players are in here for less than 35c so anything lower than this is a steal. macquarie, rbs and patersons got placement stock, but all of these guys (I suspect) would deal with big funds who are holding RQL through placement and on market buying.
RQL is my #1 stock. we'll have our day in the sun soon enough.
RQL Price at posting:
35.0¢ Sentiment: None Disclosure: Held