nikki
My experience with brokers is while they are accumulating for higher net worth clients* they will not reveal their intentions. They are likely to issue a negative report if they are shorting the stock while accumulating. It's a classic and why the market is so loved and trusted. And why we should take the SP at face value (Not).
*They can use shorting as a device to accumulate and it's very easy to disguise the ultimate beneficial holder of a stock. This much has even been admitted by our resident expert.
Once a broker is finished accumulating they will suddenly throw the switch to positive on the report. Just IMO.
This is why retail investors are always getting hammered. IMO.
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Bell Potter downgrade 23 November 2015, page-34
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Last
$2.48 |
Change
0.130(5.53%) |
Mkt cap ! $3.167B |
Open | High | Low | Value | Volume |
$2.41 | $2.49 | $2.40 | $8.634M | 3.516M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
37 | 104181 | $2.47 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.48 | 100609 | 24 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
64 | 151183 | 2.480 |
34 | 89544 | 2.470 |
12 | 112633 | 2.460 |
18 | 93412 | 2.450 |
18 | 117831 | 2.440 |
Price($) | Vol. | No. |
---|---|---|
2.490 | 218228 | 46 |
2.500 | 362625 | 49 |
2.510 | 82441 | 15 |
2.520 | 163653 | 19 |
2.530 | 261032 | 10 |
Last trade - 15.30pm 19/09/2025 (20 minute delay) ? |
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