It is a large shareholder selling. Maybe CBA, maybe not so big.
They are selling with lots of 30k share parcels, and some more. I am watching this stock. This is the same modus operandi of the seller who took us down to 2.5c.
They are meeting a patient buyer who puts up 1M on the buy side, and reloads with another 1M if/when it gets hit.
Fundamentally this stock is only getting better. As the price trades lower, it makes an excellent opportunity.
GL,
Ticking along, page-6
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