Once again over 7% of all SOI on the ASX traded, an impossibility. Think we are going through a similar cycle as has happened recently. Unusual for such high volume with a concerted effort to lower late in the day. Imho we saw a massive increase in shorts today, wont know until 11.30 tomorrow but yesterdays shorts was only 1389 shares, think will be significantly higher today. This activity is followed by a transfer from JSE, expecting a xtrade tomorrow morning before open followed by sell down and closing of shorts. Hoping am wrong. Imho this will be another blatant case of insider trading, not by the company but by the broker handling the xtrade and sale.
wait and see i suppose, dont like being negative but looks to be on the cards.
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