@nuadrehc said "The volume in WSA/IGO over the last couple of days is also quite interesting.
Some funds are dumping, and conversely some funds are buying,enormouspositions in IGO. The trades are getting crossed by institutional brokers like UBS. WSA volume seems to be falling. Given the lack of corresponding volume at WSA I'm not really sure what it means at this stage, and I'm curious if anyone else has any ideas".
Given that WSA had an intraday high of $3.40 on 27.10.21, & an intraday low of $3.09 on 29.10, on increasing volume, it may be that some smart money believes IGO will not attempt a takeover of WSA. If the prediction is accurate, & no takeover attempt by IGO, WSA SP will definitely have a further significant fall rapidly- perhaps close to the 18.8.21 SP of $2.48 (the SP before it became publicly known that IGO was contemplating a takeover of WSA).
Your views?
Can you/anyone else provide broker data on WSA in the last few days? Is it mainly instos now with big net selling of WSA- & which instos?
