Bang on target there frader, best post of the day – ignore the waffle.
Since last Wednesday the on screen buy and sell depth of their total volumes that can be viewed through CommSec and Westpac, account for 65% for the buy and 21% for the sell, Fact.
A visual shake down indeed of retail holders, most sellers are way above the current share price and most likely will be pulled in the short term as traction from the roadshow begins to present itself.
Ignore the key board warriors who have little to go on. Next week the corporate presentation will be available for all to see and comment on. Until then ….
The stock market remains an exceptionally efficient mechanism for the transfer of wealth from the impatient to the patient.
~ Warren Buffett
KDR Price at posting:
53.0¢ Sentiment: Hold Disclosure: Held
