I realise contractors/creditors/underwriters etc. may have sold recently.(the last week or two) 450 mill shares traded today is unreal. (35%of shares outstanding). I do not think any forecast chart could handle that amount of volume on a particular stock. What is going on here? I have never seen this much volume (20 years) over a monthly production update.
I have enjoyed the ride recently. However, who was sucking up the shares?
On this volume there is something else going on. There are only so many day traders in Australia.
Can someone give some insight?
ie I have followed and invested in this company for 9 months (unfortunately). So I do not need the turnaround story.
BLK Price at posting:
8.1¢ Sentiment: Buy Disclosure: Held
