Ann: Update on Liquidity Management, page-44

1. Yes, the continuing dumping is a mystery. Big surplus of Sellers' quantum of actual shares, cf Buyers'.
CMC Markets 2.15pm 2.6.25 ( I generally only give credence to the top 4 lines of the BUY & SELL columns- too many orders are lurking, off line)

CORONADO GLOBAL RESOURCES INC.

0.105

Last

-0.005 / -4.55%

Change

0.105

Bid

0.110

Offer

0.125

High

0.105

Low

20,335,528

Volume

Depth

Buyers

Volume

Bid

44

1,331,643

0.105

88

2,210,158

0.100

4

133,600

0.099

2

34,000

0.098

1

51,752

0.097

Offer

Volume

Sellers

0.110

2,772,632

36

0.115

2,126,207

21

0.120

2,571,249

25

0.125

1,286,662

21

0.130

812,235

19

2. Is anyone able to provide linked details of what approx.% of Funds & Instos. have MANDATED Sell Orders (ie automatic selling on those departing ASX stocks) once an ASX stock departs the ASX100, ASX200, & ASX300 indices?
Perhaps this non-fundamentals' reason is the reason for the dumping of CRN in recent months? When did CRN depart the ASX200? And ASX300 now?

There is a conundrum, however- as, regarding the massive increase in average daily Volume in CRN, some of the big boys (whom we assume are, generally, well informed) must be doing much of the recent buying also.




3.Can anyone provide any Broker reports, issued after today's ASX Announcement?
Perhaps the uncertainty (& quantum of the announced production shortfalls?; costs of repairs etc?) is the reason for the negative broker reports, & continuing CRN SP decline?