Whoever it is they are in (or close to) the Top 20.
Think whoever needed the cash to cover CR subscriptions would have covered their position last week.
I'm thinking its either someone who needs the cash, regardless (or has been spooked), or an even larger player who it pre-spooking the market (ie. getting it to 19 cents and below) so they can hoover up cheap shares later this week.
In this regard, I think Credit Suisse or Peters and Co are the most likely. Does anyone have broker data access?
Anyway, we all knew things would get interesting this week.
Every passing week with oil above US$90 is strengthening the fundamentals.
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Whoever it is they are in (or close to) the Top 20.Think whoever...
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