It's probably wrong, but I've been told by an informed source that the big sell off of Macquarie Bank this morning was an error by one of the operators. This pushed the price from $33.35 to $32.00. They are apparently trying to unwind all the positions now. This would indicate MBL will run back to around $33.35 by the end of the day.
Cheers
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It's probably wrong, but I've been told by an informed source...
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