Looks like they made a killing shorting in the aim of accumulating.
So this is the process of taking shares from weak hands and putting in strong hands.
HHL....retail and any others.
Primed to reverse up where UBS would lighten again.
But because some of their shares have been borrowed they may return it and imaginary reduction in holding. Back under 5 percent where they will continue to accumulate or just sell out.
But to me these guys are snakes. This may not push SP up. As they will continue to cap and accumulate.
Ann: Becoming a substantial holder, page-8
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Last
12.5¢ |
Change
-0.003(1.96%) |
Mkt cap ! $53.05M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.5¢ | $10.72K | 85.70K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 627053 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 431284 | 6 |
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| Last trade - 15.54pm 24/06/2024 (20 minute delay) ? |
| SRX (ASX) Chart |