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Ann: Manora Update - US$27 Million Default of Northern Gulf, page-65

  1. coopec
    2,669 Posts.
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    26/03/15
    15:14
    Post #: 14986110
    ML173

    All margin lenders will be reviewing their LVRs as at 31/3 so I agree with suhm

    I am puzzled by your comment  "It looks like a major holder(s) are selling and testing market liquidity"

    Of course you could be correct with your assumption but why couldn't it be a whole lot of margin borrowers feeling threatened with a margin call rather than a "major holder"?  
    Cheers
    TAP Price at posting: 23.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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