I don't quite agree:
Pre announcement 2,999,952 shares traded
Between 3.33 and 3.34pm 8,683,013 shares sold at 1.3c on the ASX
At the same time, there were 3,944,964 shares sold at 1.3c on Chi-X
Equates to 12,627,977 off loaded in a minute.....
At 3.40 a further 2,000,000 shares sold at 1.2c on Chi-X
Post announcement a total of 14,627,997 shares over a 6 minute period
Total volume at close 17,620,929
Shares sold into 1.2c at auction 2,709,364 = another 15.4% of daily volume
Todays volume highest for weeks
VWAP on ASX = 1.29
VWAP on Chi-X = 1.27
Agree 20 million of 1.5B is peanuts but the 12+ million dumped raises the eyebrows, yep Monday will be interesting
All IMO