Support starting to form around 20c.Notice recent change in substantial holder announcements (Duncraig 7/10, Australian Executor Trustees 16/7 and 14/10). It will be interesting to see whether they continue to sell off down to this support level . I suspect they may well do.It's either an opportunity for a bargain purchase or last change to get out before the the reason for this sell off is made public.Australian Executor Trustees have been a substantial holder for a very long time ( 9.37% of co. in May 2004), so their recent selling is most curious.
PBD Price at posting:
26.9¢ Sentiment: Hold Disclosure: Held