Somehow, even with such minimal trade this week, they have still managed to accumulate 2,140,050 within a few days!
These pro's are absorbing EVERYTHING, no doubt a lot of it queue jumping on chi-x and algo.
Price is at horrid lows, yet we see nothing but accumulating by pros.
BNP, JPM and Safar holdings of interest (heavy recent accumulators) unchanged this week.
A couple of other interesting ones this week.. note the account names
Column 1
Column 2
Column 3
Column 4
Column 5
Column 6
Column 7
Column 8
1
93
CS FOURTH NOMINEES PTY LIMITED
1,600,000
0.14
2,000,000
400,000
1,600,000
(bought 2m, sold 400k within this week)... another HSBC. Coincidence?
Column 1
Column 2
Column 3
Column 4
Column 5
Column 6
Column 7
Column 8
1
110
SHARE INVESTING NOMINEES PTY LIMITED
1,270,699
0.11
2,075,002
904,303
1,170,699
Buys and sells (+1,170,699 this week) random amounts, bots.. just working it!
And a few T50's increasing between 200-450,000 still this week.
Got me stuffed how these lists are always showing top holders increasing, with share price dropping..
They are obviously good at flushing out smaller sellers, and algo trading between themselves to creep the price lower and accumulate/absorb everything cheaply.
Will be interesting to see what we get tomorrow..
Surely an overall update - but hopefully still live apps and some sort of positive news on pending deals.
