I hope you are right.
I think it is close to breakout out from 14c, however there may be a lot of supply around 17-20c from people who just want their money back. Hopefully 14c will be the new floor if that happens though.
In regards to accumulation the broker data over the last 5 sessions shows Goldman and Macquarie as the largest buyers, with all of the retail brokers being net sellers.
Ann: A$10m SPP Closes Substantially Oversubscribed, page-161
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