Sometimes if one institution isn't bullish they get a broker to place the equity and often that's done is a cross trade like that. There are 5 substantial shareholders and really it could be any one of them. So its not only internal but can be between parties as well.
It always attracts a discount unless the share is climbing rapidly. That often does set the company up for a fall if the market sees that as its new base and today we are in a red day...
I don't really worry it only trades around 1.2 to 1.5 million as almost 80% are held by the top 20 so only 20% left around - that's probably why the cross trade had to happen because you cannot sell into the market that quantity.
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