If you go back and look at the brokers involved, Citi and CSLA...

If you go back and look at the brokers involved, Citi and CSLA have been the two biggest net sellers over the last two months.

Shaw has been the biggest buyer.

The stock has been capped at around the 37c level as every time there was a bit of buying, the sellers just hit the bid.

The pattern also seemed to suggest that sellers allowed buying interest to build during the morning and then selling would knock price back to the 36.5c-37c level at the end of trading day.

when a large line is nearing the end, there will often be an insto willing to take the last of th eholding in order to "clear" the market.

That seems to have happened and that is why the stock "popped" 4-5c.

The price did not jump on any fresh news, it was simply the removal of the overhang.

easy peasy.....

As I said previously, the next serious up move will need substance and not fluff.

There are a number of potential items but timing is uncertain.

So too is the likely size of any deal or payment.......

GLTA