i am sure someone are selling off for their tax loss. Someone has also bought plenty of stocks.
I saw from past examples from oversea markets. To warehouse big proportion of shares and to prevent the sub holders form. All insti investors need to do just to buy stock under 4.99% for each their different trading accounts.
Have anyone reading last Saturday Age??sbusiness review??former BnB boss has open up a company call Alecon which is looking to buy distressed debts/assets. My guess is he is forbidding by law not to involve with his former business again for a number of years, am I correct? Just do not want to see Alecon become one of the major holders.
AEJ Price at posting:
4.5¢ Sentiment: None Disclosure: Held