Thats a hell of a lot of shares in less than 30 mins...Back in my day we would have shouted RAID..seems to be a very agressive sell down/gobbleup timed to perfection on shakey news and general market sell off period. ASX getting hammered my watchlist is a bloodbath....except for one stock where the Directors have started buying in as a sign of confidence....now wouldn't a sign of confidence be good for GXY right now.
My gut says if it breaks that Stop at 160 again it's toast..my heart says geeeez.
GXY Price at posting:
$1.62 Sentiment: Buy Disclosure: Held