bello,
Analysing the trades for the past week as I can see there is one or several big sellers who have been selling in big parcels consistently. Having several oil stock I have seen a similar patterns in NDO and IPM recently. However the reasons for these kind of actions can be different. I would say that in case of NDO and IPM they were pure stupid. There is a possibility that NXS is selling as it is the major shareholder in AZA.
AZA
anzon australia limited
cheapest oiler on the asx, page-6
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