Was just looking over some GPH broker data and found something things that surprised me.
First I wanted to look at the long grind down from 12 cents to 8 cents, surprisingly hartleys were not the sellers but net buyers with 5.6 mill share at a 10.8 cent average.
Next the little pre options pump we saw who was responsible hartleys again the main buyer, strange move maybe they wanted to encourage take up keep their powder dry, whatever the case it supports the theory hartleys is in full control.
Finally since the last of the options were issued who is the net buyer once again hartleys, from what I can tell going through the day to day, they have been selling into genuine buyers keeping the price low.
So all in all very different to I had thought, I assumed they were selling down to pick up options, they were buyers they are in quite deep on this one for higher prices than we are buying at, I can only assume they are wanting to squeeze out all the loose shares as close to 8cents as they can before they unleash an epic pump.
Speaking of the seller anyone any clues on how taylor collison got so many shares?how many they might have left? and why they are straight dumping them like crazy??
This one is looking interest right out of hartleys play book, seen it a few times now first with EXU and recently with KPO both very similar, pattersons and co dump and dump for months driving the price way down shaking out alot of holders, but hartleys just kept buying and buying a big raise is done abit of soak till volume completely dries up then boom off she goes.
APC Price at posting:
8.1¢ Sentiment: Buy Disclosure: Held