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It's simple, page-96

  1. 512 Posts.
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    If you look back I said that there was a major seller I had been told through Citigroup who has sold 8 odd million shares and that given it was an institutional broker it couldn't be too many people.

    My broker friend has just forwarded me the summary (it says this month and last but obviously today is the first day of March and doesn't reflect anything which now shows Citigroup as a seller of just over 10 million shares in the month of February.

    A number of other posters then confirmed they had been told it was that fund and that they were almost finished. Ask them where they get there information. I will ask him to send on that goes back further if he can do that because IMO it looks as though they may have a lot more to go.

    And @Graphene , Citigroup is no more than a broker. It doesn't own the shares and has absolutely ZERO to do with Citibank and liquidity requirements. You've said you use Commsec, same thing your shares are yours not the Commonwealth Banks.

    @meerkat I understand what you are saying. The market IMO has clearly spoken but there will always be the many justifications as to why holders are right and everybody else, including the market is wrong.

    Screen Shot 2017-03-01 at 2.40.57 pm.png
 
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