Looking at the Top 20, it doesn't appear to be the Chinese who are selling off.
It's more likely impatient retail holders who see better opportunities elsewhere. This is so slow moving, many people don't see much point in holding until the news flow really starts happening.
I'm guilty of doing so myself, although I still hold half a million shares in case of a leftfield ANN. With the profits I've made elsewhere, I'll buy back those shares I sold, and a bunch more. I hope I get the timing right. My gut feel is things will really start to progress from July onwards, but who knows. You wouldn't want to be caught out in the cold with your pants down when this starts to move. A massive re-rate is due when Finance has been organised.
TNG Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
