The tax loss theory is the best I can come up with, especially with no notices advising of any major holder changes - it must just be a lot of individuals with varying levels of script.
The buyers are probably going to come to light on or after July 1, when I expect to see some news from the company - once all their mates are set.
Whether the news is substantial, or just a wonderful bunch of meaningless words designed to get the SP up a few points for all concerned to then exit again, or at least reduce their holdings with a very nice profit!?
That remains to be seen, but will not surprise me in the least.
Watching this is actually quite entertaining, (for a non holder) better than the Bold and the Beautiful!
Apologies to the longs who are deeply underwater here!
Cheers
Cabe
MOT Price at posting:
0.1¢ Sentiment: None Disclosure: Not Held
