RE:Who was sellingI think there's an ex-director who has a large position which he's been selling over the past few months.
The company placed stock in size @ 40 cts last year. Surely some of the buyers then would be happy to average down at 5-10 cts lower if MKO arranged to place this overhang in a single tranche.
Unless of course there's an objective to cause frustration / embarrassment to the new management by dribbling the shares out like this.