LIN 3.23% 9.0¢ lindian resources limited

Trigger

  1. 747 Posts.
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    The trigger is coming, and it may be the next announcement on results as a lot of the early investors whom have all made serious money (10x plus ), look to have exited, but there may be more, but with the concentrated buying by Goldmans, I believe that will soon drag in other buyers and a significant re rate should come.

    The reported results are sensational, but we needed to get through some of the profit takers, that wanted to realise their profits and possibly some of the weak hands from the previous placement. I believe that is mostly over.

    Since the 20th Jan :-
    Goldman Sachs have bought over 20.5m in one account - HSBC Noms-Acc:GS
    CMC Markets are net long 4.3m shares
    They are the two main net buyers-- almost 25.0m

    Net Sellers since the 20th Jan :
    Aust Invest (AIEX) down 9.0m
    Shaws down 4.4m
    International Brokers (IBA) down 4.0m
    Morrisons down 4.0m
    Morgan Stanley down 1.0----
    Total 22.4m
    And a load of smaller retail investors all being gobbled up by GS.
    <image001.png>https://hotcopper.com.au/data/attachments/5076/5076026-a25f28fec64b4fc127aae4e99c952436.jpg

    A significant re rate is coming --- Sorry capturer@6000

    Also the current short positions as at 16/2 is 1.483m shares-- good luck to them also

    Cheers




 
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