Brokers' Data, page-17

Thanks for the data @spid81

Westoz (through Euroz) started selling 2 days after they released their broker report on KNL. There is no doubt in my mind that they are reducing their position and possibly looking to exit altogether.

The fact is is that there are insufficient buyers to soak up the volume that they (and of course some other holders) are trying to dispose of, hence the downward pressure on the SP. For those who are still accumulating this presents a perfect opportunity to buy more, and for those that do not wish or are unable to buy more, then these are extremely frustrating times.

Yesterday's announcement was positive and hopefully it is the start of what should be a steady flow of news over the coming 4-6 weeks.