In the words of GrdInv, on this post, Quote "I don't think you can read too much into the lightvolumes @mayafushi, particularly when conservatively I'd say 65%-75% of the remaining shares on issue would be held by friendlies (directors/employees/long term supporters) at a guess".
Then IMO which ever subset of those cohorts ( based on GrDInv's numbers) will continue to ride the unnamed bank details ( yet to be released) until it happens. Lets hope Domacom and more importantly the unnamed bank release something to the market shortly for the benefit of the other 25% of holders who have watched and watched. I would expect any of the big 4 would do so fairly quickly in light of their announcements in the last 6 months that they have all exited the SMSF loan market place, leading up to the findings of the Royal Commission.
IMO discussion on cash and liquidity seems to have been lost in all of this hype. IMO I don't see that anything has changed regarding this important aspect.
DCL Price at posting:
11.0¢ Sentiment: None Disclosure: Not Held