I don't believe there's short selling in this one. I believe (please read the word BELIEVE) it is CBA abandoning. On the other hand, by observing the price movement I believe AMP might be increasing their position, Goodman family might be doing the same and probably, by reading Orbis statement about their acquisitions, could be Orbis on the other side.
Given the current situation, I don’t see major runs until the end of this month or mid April. Probably we’ll see the price going back to a normal value.
This is pure speculation based on observation – NOTHING to support any part of my analysis.
big boys come out to play, page-18
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Last
$33.43 |
Change
0.230(0.69%) |
Mkt cap ! $63.90B | |||
| Open | High | Low | Value | Volume |
| $32.71 | $33.59 | $32.71 | $104.5M | 3.146M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9796 | $33.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.49 | 5383 | 2 |
View Market Depth
| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| GMG (ASX) Chart |