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Well unfortunately for the instos, they are obviously oblivious...

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BarrelSitter

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30/03/21

16:39

Post #: 52148532
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Originally posted by stan9614: ↑

Hi, @Yak52
As you have pointed out, It seems that for the past two and a half weeks 09/03/2021 - 25/03/2021, Around 53.5 million shares were sold by retail investors to the instos. that is around 3.2% of entire amount of share issued.

Commonwealth - Comsec - 36 million
Wealthhub - Nabtrade - 6.5 million
AIEX - Automated Trading Platform - 6 million
CMC Market - online trading platform - 5 million
These four retail trading platform has been the top 4 net sellers for this recently period of time.

The top net buyers, big name which I don't need to introduce.

and some other instos those are either net buyers or net sellers with smaller net volume swing.

Overall, the question I have in my head is
1, Why are retailers selling so crazy? is it because of 70c being the phycological peak of many retail investors after we all experienced the September hype last year?

2, Why is instos keep on buying consistently in this period.
a) If their research team believe Akida is going to fail, they should obviously sell?
b) If they believe Akida is going to success, but its progress will be delayed due to shortage of chip or any other factors, they would sell and push the SP down so that they can buy back cheap.
But the reality so far is that, they are accumulating a lot more aggressively this time at whatever SP they can get, either on the way up, or on the way down. They just want more shares.

To me, the chance of a significant or material announcement is very close, maybe in a month, or two month, I don't know. what I know is that I have never seen a group of big instos get dumped by retailer investors. It is extremely rare to me.

So, no financial advices here at all, But I am going to buy back the 260k I sold last week very soon...

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Well unfortunately for the instos, they are obviously oblivious of the sound financial recommendations of our resident downrampers.

BRN Price at posting: 54.0¢ Sentiment: Buy Disclosure: Held
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Last 23.0¢		Change 0.000(0.00%)		Mkt cap ! $451.3M

Open	High	Low	Value	Volume
23.0¢	24.0¢	21.5¢	$2.863M	12.69M

Buyers (Bids)

No.	Vol.	Price($)
6	136498	23.0¢

Sellers (Offers)

Price($)	Vol.	No.
23.5¢	444756	13

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No.	Vol.	Price($)
5	116498	0.230
4	205000	0.225
23	689438	0.220
22	1098412	0.215
38	1026309	0.210

Price($)	Vol.	No.
0.235	444756	13
0.240	941937	20
0.245	612347	15
0.250	151787	5
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Well unfortunately for the instos, they are obviously oblivious...

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

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Well unfortunately for the instos, they are obviously oblivious...

Top Stories

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Buxton projects new graphite province discovery at WA Narryer play

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

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BCI reaches close of funding facility for salt-first part of Mardie project

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