Just to confirm what ousia posted, another fellow from a forum I belong to posted the following:
I've tracked down the selling in this stock via the top 40 holding from 31 July
It appears the bulk of the sell down has occurred from "Swanleigh" who held 7.8m on 30 June and as at 31 July were outside the top 40 (or under 1.4m shares)
Also Soverign Key sold a few down from 10m to 8.5m
and QIC down from 8m to 6.5m
NET selling from these 3 = 10.8m
The buying was spread around most of the top 4 and word around is that there has been a large buyer from HK. "Phillip Sec HK Ltd"-close to going sub and also "Avlibb PLC"
I understand Sovereign KEy are only sellers over 40c and QIC seem to be a bit sporadic.
ETC
entertainment media & telecoms corporation limited