Hi all, here is the BD for IHL over the past week and the past month. Thanks to Stooge on Twit.
Conclusion? It's excellent.
Net buyers over the past month have been Pershing, Third Party as well as a host of other pro buyers like Morrison, Bell Potter, Citi, Hartleys, Mac Insto which is new and so on. Net sellers is retail as assumed, with Cred Suisse selling on the monthly but buying on the weekly.
After reading this I'm sure that this new group is active now, and is probably clears through Pershing or Third Party.
Seeing Credit Suisse becoming net buyers when they were always the broker that would net sell IHL in the past over the past week makes me think they are gearing up for the next leg where they will predictably become net sellers again.
Getting to the pointy end ladies and gents..... impatient retailers begone.
This is becoming a pro run show.
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