12 month lows

Arc back to 12 month lows.

Can't believe it. I'm starting to think that maybe this continued selling since the announcement of the merger is from none other than Palmer, despite their apparent back flip on their support for Arc. To me, it was always a concern that for a company that wanted to out all Arc' management and put and end to the merger, and to come full circle, left me feeling a little sus.

Well this is some speculation. I think Palmer is stilled p!ssed at the idea of the merger, and know that his first ludicrous attempt to block it was shot down in flames by share holders, he's now using his holding to sell down the Arc share price making it difficult to piece this merger together.

In what is an out of favor stock at the moment, he wouldn't need to offload huge volume either to achieve the desired effect.

Will be interesting if and when there is an update to the top 20!