pump and dump, page-22

As far as I know there is only one subs holder: I think it is Copulous : the HSBC 'EY acc' 14m, and if they bailed we should have a subs holder this week. I doubt they will be buying back in if they have, would be too obvious.

Arguably Leet would not be a subs holder if holdings are split across separate legal entities. Certainly can find no history of subs holding notifications from them.
See OVR's Macquarie Energy and metals holdings for an example. They only lodged when merging the two holdings.

I am sure lots of trading going on but there were quite a few props of 1.5m, 900m, 700m and 500m that were presumably related to the seeming multiple 500k parcel offloaders?

It is possible that if 25m shares found their way onto the market, they are being traded heavily resulting in ~50m volume, but seems to have been minor trading to me due to narrow price range. Certainly dont want to get trapped at 3c between lines of 4m shares at 3c and 3.1c EGO style.

Anyway the higher volume and increased trading interest is a good thing as long as volatility stays high and it might have just been stale holders taking the opportunity of higher volumes to dump out.

I think the run was sparked by Canning nearitis with a 'little help' from those planning the placement.
But if anyone sold significant quantities of shares and *is also* set in the 2.5c placement, ASIC would be mad not to query that. Surely nobody would take that risk?

Will be interested to see if the company provide me with a top 20 this week. If they don't or delay until the placement complete they might be hiding something..