Nathon Mc had a heap of BMN stock (several million) margin loaned with Opes Prime.
That's where the selling is coming from in BMN.
Not sure Baohm but your last two posts have UMC condemned it appears??
Have you considered that the 2 large parcels of approx $700k each today may have been ANZ ML liquidating their remainder of UMC??
Have you considered that the buyers were willing to pay current market prices to secure such a large position that normally would not have been available??
Could be a case of one mans trash is another mans treasure..
ANZ are not interested in the fundamentals of UMC they just want their money back..
People should be asking who is doing all the buying not who is doing all the selling....we know who that is!!
Someone out there is lapping up all the stock atm....Why??
Any further selling is likely to be from nervous nellies thinking there is more selling to come...
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