Whatever it is it’s there’s a very clear downward trend that’s...

Whatever it is it’s there’s a very clear downward trend that’s been implemented.
Thete was another of those one share trades balancing acts to close the day under 1.5c which makes me feel there is a strategy in play rather than someone just dumping shares.
And value of trades today was $312,000,000 ie it’s also very clear that there is big money being moved around.
Ergo there is big money invested in shooting the price down.
And maybe enough clout attached to stall announcements positive news for now?




Shorting had gone from flat lining since the merger to increase by around three million since last week too.
Not - by any means - a significant amount in the general scheme of things, but enough to provide key levers to help the price fall.

Who has an interest in crushing the price?
RCF might be prepared to put even more funds in but only if it reduces its’ average significantly?
Meanwhile the Standard Pastoral holding converted from TMT puts it at around 200 million AVL shares in just one of those ‘Cicero’ holdings… (and I think there are a few)
Here’s the last Top 20s I was able to get from both entities https://hotcopper.com.au/posts/72956979/single


Someone thought Shaw’s 8c target just seven days back meant it was waving its’ arms around saying it wants ‘in’ to a raise?

And maybe USV has bailed on us or some other big unexpected black swan has landed but this looks more to me like lining things up for whatever comes next .

And, sadly, whatever’s going on it looks like the next key technical level (based on 1.3c downtrend ‘shelves’ ) is not till 0.4c.

Hold on to your hats?