the price action witnessed during the last 3 days of the month/qtr trading indicates that an order to liquidate a portfolio holding by month/qtr end was executed.
This is, I believe further backed up by the fact that the remaining balance that was left on offer at market close was squared up by a late xing after close.
the price action also indicates that it was the work of basically one seller as the seller just ploughed through the bids to ensure that it was complete by close of qtr,
this is why there are no other sellers below 115.
Would expect to see figure bids and ACL run back to 15/20 sooner rather than later.
Marketing partner news should be seen also sooner rather than later.
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