Originally Posted by
percy
Welcome aboard Iceman.
I can't find out how many the big seller has left to sell,as all I have is The NZ Companies Office list of shareholders as of September last year.
Very roughly over 19 mil shares have been sold over the past 6 months,although PAZ site shows 21.5mil traded during the past year.Very few were traded in the first half,so perhaps there may have been over 19 mil traded in the past 6 months.
I would guess most have come from the large seller who had 19 mil shares.
Therefore the big seller may have less than 5 mil left yet to sell,perhaps fewer.
I may be over optimistic, but I think once these 5 mil,or less, find a nice happy caring home, we will see the sp over 20 cents.
This will off course be helped by Sharetrader's being able to buy via Direct Broking.
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