A bit of a sell down from 18 cents to 17 cents on 314,000 volume commencing just prior (3:28:44) to MBI's MobiData sale completion announcement at 3:30PM.
Interesting to note that unlike the original reciprocal (MobiData sale to CQU) announcement to the market on June 10th, CQU today announced some 19 minutes later by which time the last of today's sales had almost gone through. At 3:50:34 to be exact for the last 34,000 (of the 314,000). Those sales comprising one third of today's 929,555 turnover.
Were those sales extremely counter intuitive or was it a case of when push comes to shove as not everyone holding would have caught the first announcement by MBI.
CQU Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
