Currently selling coming from:1) Instos cleaning out their...

Currently selling coming from:
1) Instos cleaning out their losers for the end of FY
2) Retail investors cleaning out to claim tax losses
3) TIR s'holders accepting bid & then selling their CSM scrip
Can't see any of this continuing much past tomorrow as 80% of TIR shares are now in CSM's hands.
Nickel price keeps on advancing & they're selling half of their output at spot prices.
Directors estimated $85mil trading profit after tax for 06/07FY a couple of months ago based on a nickel price of $US6/lb whereas it's now $US9.50/lb.
Must be a recovery stock.