Regarding Rennaissance ceasing to be a substantial shareholder:
They accounted for 21% of all shares sold between 14 Jan to 1 Feb. They accounted for 69% of shares sold on 1 Feb.
They may have another 10m shares to go over the next week or two. Then the selling pressure may slow.
It will be a concern in the next week if HHL dont increase their holdings at 20c prices (when they have averaged 38c so far). It would suggest they are wary of the half year report impact. Hopefully for you guys they or some other insitution will commence buying.
CDR Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held