This is exactly my point - some people won't even be aware the ETF news happened today.
2 big orders (Approx. 800k & 900k) were sitting at 69.5c & 67.5c - obviously waiting as part of the $30m ETF amount needed to be purchased by Fri 17 Sept.
People are selling down into the buyers, whilst still making a decent profit today.
Almost $19m of trades were carried out today (including retail), so another ~$11m shares are to be bought up by Sept 17th, according to the ETF news.
Meaning:
Fellow holders - don't lose your shares to them!!
The sell side is very weak, with only 2.5m shares on offer all the way up to $1.30 (plus old mate's 10 shares at $9.42)...
It's a case of supply vs demand. If the supply isn't there, the price has to go up!
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