If you were a chinese investment group with some shares in an I/O play and more cash available, would you dump them at a loss (say at 5% less than trade value) so you could scoop up heaps more (using your additional cash) at a discount, when a run starts and people's stop losses are triggered? A relatively small price for a bigger cut..?
It's not rhetorical, I honestly don't know if this goes on..I would just expect the chinese to be happy to take bigger shares in Aus miners rather than any others (stable country, capitalist friendly, pathetic financial regulation)
GBG Price at posting:
33.6¢ Sentiment: Hold Disclosure: Held
