kymelle,thanks for the compliments and now to add some more...

kymelle,

thanks for the compliments and now to add some more grist for you to contemplate.

Morgans are actually making more than 2.5 times, as they are also making substantial currency gain. I think that at the times that they have purchased, our $ was worth 40-45p, whereas today it is worth 60p+.

Share liquidity might be a reason that they are opting to sell, as substantial buying demand is there, and it gives Morgans the opportunity to crystalise their profit without placing huge pressure on the share price. If you look back a few years there have been times when EXS would retrace after significant rises purely because the sellers would evaporate.

SinTang have made a good profit in a relatively short time, possibly did not buy in for that purpose (as they were thought to be potential CCP JV partners), and will use the proceeds to move on to other positions that will mature more quickly than a CCP Mark II.

Both holders are selling a stock that has held its pre-recent global tensions relatively well, whereas the rest of the market has retreated some what, and the future of global markets has some additional risk that did not seem to be present a few months ago. So those holders would be able to take advantage of potentially savaged stocks if they were able to crystalise their profit from EXS.