Despite my medium term CXY investor status (and limited knowledge of short-term trader strategy), I have been most interested in the past month of trading action.
As previously noted by Club_Sharer volume is tracking the up days, suggesting accumulation is happening. The sceptic in me was thinking pump and dump, but while no doubt traders are active real progress is being made and the story is starting to be heard. I therefore consider the action real, and am very much looking forward to the upcoming months.
Assuming therefore that accumulation is occurring the next question is who? It may be acquaintances of the recent beneficiaries of the capital raising; I hope however that it is either a bold institution taking a position or DI and friends preparing for the financing deal.
What we do know is that no one holder has accumulated more than 30m odd (5%), does anyone have access to the top 20 shareholders to compare to the annual report?
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