I'm a new holder to CAA, and by the looks of thinggs it's extensively discussed on Hot Copper. Not that it's a good or bad thing, I'm just stating a fact.
I noticed there was a thread asking, what's with the movement upwards? Now I can ask today, what's with the movement downwards? There appeared to be constant selling throughout today after an initial spike to 0.047 on open. A fellow trader suggested it could just be tree shaking the shares from weak hands.
I also noticed a substantial holder notice posted at about 5.30pm for 212m shares. Could there be more substantial notices coming (increasing or decreasing).
Is the China news definitive? Or speculative at this stage?
Anyway, any opinions would be great.
Cheers
eMark
CAA Price at posting:
40.0¢ Sentiment: Hold Disclosure: Held
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