I88 Broker Data

Broker Data Analysis for I88
The current position looks pretty positive for me. I started to accumulate myself in August - maybe too early - thinking that the price wouldn't stay at the level of 0.5 for long, considering the relatively small CR, the fact that the director took a decent part in the CR, and the fact that the drilling program start is approaching.Here are the top sellers based on broker data from May 1 2024 till now.

The biggest seller, with a significant lead, is CommSec - a retail broker. The second is Wealthhub - another retail broker.



The top buyers include Bell Potter, UBS, Macquarie.




Let's check the chart to see how this accumulation played out over time. CommSec shows clear selling activity.



However, I prefer to combine the accumulation chart for 4 retail brokers - CommSec, AIEX, CMS Markets, and Wealthhub - to see their collective behavior, especially in small-caps. The combined accumulation looks pretty similar because CommSec dominates the group.



Here's the accumulation pattern for the buy-side - Bell PotterUBS and Macquarie Securities





Overall, as I said earlier, the disposition is very good, with multiple professional brokers continuing to accumulate.