tom16 Nov 2010 14:03
For every seller there is a buyer and when you're selling 37M shares, if you don't have a buyer who can take on that much stock, the SP would rapidly sink.
So there is obviously a big buyer or a few buyers who have bought all this stock and if you ask me the seller hasn't quite finished selling stock, as SP seems quite static still, despite the buys flooding in since lunch...
I still think the potential upside here outweighs the downside right now, can't see it going below 195, some good resistance there and if a takeover is on the cards this share will really fly!