Did anybody notice that more than half the days low volume occurred in the closing auction today? And that they were able to manipulate prices in the lead up to the close to hit the 3.2c mark?
If you needed confirmation that an institution is accumulating for themselves or a major client the consistent manipulation of the price at or near the close should confirm it for you!
The dark side is working hard to secure plenty of this one so be warned, when they are happy with the size of their holding it will be irrelevant whether Rahul announces the IOS or not!
Scary thing is, how much is enough for an institution? I expect less than 110 million or is it a few institutions that want just less than 5% each?
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