Look at UBS. 70 million total buys and sells and only 6.5M actual reduction. They and Barrenjoey are creating large volume but their net position isn't really changing that much. Suggests they are pushing the SP down to accumulate lower. Waiting for news that brings in buying volume to dump it all. Openmarkets doing a lot of buying and selling to themselves as well.
PAC (FinEx) and Cannacord volume is tiny so can't blame the SIs. This is just some hedge fund algos playing games and no buying pressure.
Look at UBS. 70 million total buys and sells and only 6.5M...
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