As suspected it was an institutionally driven movement.
They're forcing people to sell at the bottom of a market... I'd be a broker I'd be seriously miffed.
Explains why there are strong buyers on the stocks who crashed recently.
The real losers are people panicking thinking a new bottom is coming and want to salvage 30% of their value.
A lot of retail investors and small holders are burnt, they'll be mad when a bull market resumes, which I believe is very soon. Logically, Q2 will be very good for the australian industry.
I'll leave it at that.
RGI Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
