Spareaccountant ......... well spotted with the RNS being logged on the 22nd August since that would explain most of the sell trades around that time . Easy enough to work out how many they've off loaded but that RNS was done for a reason . Have the MM's found a buyer for 200 million of the announced 260 million shares( 7.3% of XTR ) left on their books . Time will tell but a fair few shares have been off loaded even in five millions share trades since the RNS was issued on the 28th August . The good news is we are assured they're 66% out after only 6 months and if the half year results are half as good as we hope they are they'll be long gone way before the New Year as volumes increase . Might even be gone before the half yearly results if Jan Nelson , Colin Bird decide they want more of XTR at a knock down price .
You gotta love Google: "Mr Nelson would not draw a salary until the company was "financially healthy". He has been granted 50-million share options. "If Xtract works I stand to make a lot of money. These are the rules," he said."
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