Offshore seller through credit Suisse continues to dump this month, 280 million shares they've dumped so far, who owns that many? The Canadian brokers ,Canaccord & RBC, have been the main buyers along with Comsec/retail, so quite like that dynamic.
The 10.5 bn ( 7.5 bn new shares) needs to settle before we can start to reflect true value. Nothing holds a share rice down like massive new share supply, trust me. Eventually it settles and stock can reflect true value, but 2.8 bn traded so far still seems a tad light.
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