Maybe it just scares people to much Bosco.
I can remember lots of discussion back in June/July this year about Broker data and who might be associated with particular Brokers. The conclusion was I think, correct me if I am wrong, that CLSA in particular were associated with instos and other professional groups.
Looking at the Broker data you kindly provided it is clear that CLSA were net Sellers and Commonwealth Securities were net Buyers. Not a good sign! Instos and Professionals selling and Retail buying. I guess it shows that Retail investors/traders have a higher appetite for risk as compared to the Instos and Professionals. Or is it just that they don't really know exactly what they are getting into?
OGX Price at posting:
0.9¢ Sentiment: None Disclosure: Not Held
