(1) Daily Turnover has been in excess of A$1m since 27 Nov 2009.
(2) Dollar value per trade has been going up in the last 3 days.
(3) There were 3 trades today of 100,000 units at $2.72, $2.70 and $2.68 at 11:26:23 am, 11:43:21 am and 11:45:26 am respectively. Lots of 5 digit parcels transacted as well.
Conclusion: Big boys or Fundies are either accumulating or divesting in the run up to the S&P/ASX200 index inclusion date (after 18 Dec 2009).
Please do your own research.
BTA Price at posting:
$2.65 Sentiment: Hold Disclosure: Held