I would again bring to the people's attention the fact that today's sell off is stemming from cross trading and that the retail's contribution is only a measly $2.1k worth of trades, whilst the remaining 90% of todays trades ($23k of stock traded) were cross trades (XT). So this is actually a great opportunity to take a position as over the past 3 months Perth Capital have been reducing/exiting some of their positions and have been dumping millions of shares pretty much almost every week, I believe they must be close to the out based on my rough calculation (I can be very wrong).
I believe once the sell-off is over we should see a good amount of SP rise without being sold into.
Regards.
CULLEN LITHIUM - FORGOTTEN BUT NOT LOST, page-12
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