The churners are right here. DOn't be disillusioned and think otherwise.
Traders are selling and buying back to work the volatility and take free carry shares. It's kind of like short-selling but in the reverse. Your are long CER, then you go short by selling a little high and then you buy what you sold back plus a few more.
I'm not sure at this point if it is a good thing or a bad thing.
As I have said repeatedly there is little stock actually in play.
Apples,
Yes is the answer. Avlieb P/L still holds 10,500,000 shares.
I do recall everyone on here thinking the Avlieb Pty Limited may have dumped it's holdings but the company did not.
Accurate enough?
CER Price at posting:
3.0¢ Sentiment: None Disclosure: Held
