Chart Update, page-8899

The "tiny little trades" I believe are from a computer algorithm which seeks to push down the price using minimal number of trades then buys more shares at the lower price than it sells to accumulate a holding at the lowest price.

This trading algo operates every afternoon and effectively pushes the price down every afternoon. It works at high speed.

Then shorts jump on board as well.

Then traders who know what happens every afternoon also get out.

Its a bit frustrating for those who go long, who need some good news for a huge breakout to the upside.

After the AGM we will probably see the breakout. E.g. Macquarie Bank still has a PT of about $16 on this stock.

I think this Price Target will be easily attained by xmas.