Broker data for the past month.
Top buyers are clients of the following brokers:
- UBS Securities
- Merrill Lynch
- J.P. Morgan Top sellers:- Commonwealth Securities (retail investors)
- Euroz Hartleys
- WealthHub (retail investors)
Here is accumulation/distribution chart for a group of retail investors.Retail investors were buying heavily since December 2024 till May 2025. Then in June-July there is clear turnaround.Retail investors started to sell, that means that a broad group of professional investors started to buy from weak hands of retail investors who as a group are not good enough at understanding value and market conditions.
For me this kind of pivot is a perfect indicator to buy - not too early, and not too late - right on time.
Personally, took it at around 28c.
Here is accumulation/distribution chart for a group of investment banks - Citigroup, Goldman Sachs, Macquarie, Merrill Lynch, J.P. Morgan, Morgan Stanley, UBS.Similar pivot in May-June and now buying by this group of investors is accelerating - this is reflected in the prices.
(20min delay)