Running discussion on SP, page-60307

I think everyone’s over complicated the last two days and today. It’s really simple:

Monday , Tuesday:

Went up because MSVI rebalance with around 100m shares to be sold to them in Friday auction. Loads of buying = price rise. Was around 150m shares traded so Vaneck shares largely purchased for trade Friday.

Wednesday morning:

Capital raise shares at 50c 150m shares have restrictions lifted for trading. Some participants execute a sell for a quick 30-40% profit. Selling pressure = price falls.

My predictions, albeit I have no idea

Wednesday afternoon:

Selling pressure from CR should dry up, potential bounce from around 65c.

Thursday and Friday:

Shares run back up ahead of a late MSVI trade at 75c+.

just my guesses. For me there is no manipulation, just a simple rise on MSVI and fall on CR.

Let’s see how the week ends.