i don't think cygnet or steinpreis would have too much trouble getting investors onboard with both their individual and collective track records for providing big returns. their last combined effort on CMO would have seen some people turn 15c into 75c in under 6 months, on a telco of all things.
no, i agree in thinking it isn't placement holders offloading. i am thinking it is just reshuffling of major holders (lowell in particular) with some panic sellers or old FUT holders in between. i am also reshuffling my portfolio in order to take advantage of the cheaper shares where i can.
FUT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held