Hi RichieT, it is very annoying, was about 813000 shares for sale before i left for work today, flipped on the screen just before open and over 1.3 million for sale, of course you couldnt see where they slotted in due to commsec screen only showing to 44c.
i would love to hear another explanation but that would suggest someone is trying to keep SP where it is for the time being for buying purposes.
why wouldnt they i suppose when you have sellers like last friday mornings debacle, equator, you were probably right, margin call, but also probably triggered a few stop losses as well.
RFE well and truly undervalued, the recent buyer certainly knows this.
RFE Price at posting:
39.5¢ Sentiment: LT Buy Disclosure: Held