JR , perhaps I left out a significant point, and not answered...

JR , perhaps I left out a significant point, and not answered your question fully.

Say I have over 50 million shares.. the current price is around 5c and I want to sell. (as it was)

The CEO freaks and says ,, Quirkus , we've got great things happening, hang around.
Quirkus says nup. You heard of the financial meltdown? We're closing up shop.

Oh sht, oh dear, what about we try to find a buyer off market for your 50m shares..?
Well, how much you reckon we'll get?

Um,, I'll see if we can get 4.8c , that way you'll get a good deal, and the market cap won't get crushed.

Quirkus says,,, um, nup,,, if you've got great things happening,,, I'll stick around a little bit, and I'll probably average somewhere between 7 and 12c.. double what you're offering me if I sell into the inevitable rallies when your "great things" start to occur..

Whose side would you take if you had $3m in shares?