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10:20
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Originally posted by grandcaruso
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And if you look at the volume over the last few days Ellerston Capital have accounted for a lot of it. In fact, if you take out their sell volume over the past 3 days the other volume is quiet small - it ranges from 400k units to 800k. Which is pretty much normal levels for this stock. So there isn't what some would say as a mad rush for the exits but just one holder getting out quickly. Also, I don't think they have a lot left and others are now stepping up to the plate. Seen a fair few cross trades coming through.
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and if you take out the sp data for the last couple of years, it's a $4 stock. no matter how you try to rationalise it, it is what it is, not good.
