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21/03/17
11:14
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Originally posted by Ausbert
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Most of these posters are telling that D4E is going to dilute existing shareholders to great extent. Some put the number to 99%. I have a very simple question for you all. If that is the case, who is buying these shares at these prices? Friday and Today more than 80 million shares have been traded mostly above 12.5 cents. There has been no short covering. Do not tell me that all of these are retail punters. HC forum clearly suggests that it is not the case. even with more than 70% price increase over the last two weeks, there are only 4 or 5 positive posts on SGH forum suggesting that most of the buyers are not retail mugs like us. In my view, serious accumulation is going on here.
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Looks like all retail to me...
Comm = ComSec
OPEN = Open Mkts
ETRD = Etrade/ANZ
AIEL = NAB
UBSA = UBS (probably short selling as we saw from the Sub holder notice)
SOSB = State one
ANDW = CMC CFDs