Looking at the volume through this in the last month - ~9.5% of issue, compared to that 1 year old top 20, I would hazard a guess that the dumping must be close to being over.
Certainly I would be very surprised to see another high volume day after today.
Pity I cannot find a current top20 report which might give a clearer idea of the number of shares held by potential dumpers.
I suspect we are seeing the tail end now - hence huge lines capping the market for end-of-decline accumulation.
Am I correct? I don't know, but I have just taken a second parcel due to my interpretation.
All that remains is for some investors somewhere to see value here and begin to bid it up into a recovery.
HDF Price at posting:
49.3¢ Sentiment: ST Buy Disclosure: Held
