Hi all, A possibly interesting snippet? I just had a look at Mon and Tues trading and our friends at Morgan Stanley continued their buying from Friday. In all, they bt 3.316m or 70% of all trades on those 2 days.
Its been quite a while since we've seen a really dominant broker in the market. My prior 'guess' that it could have been WAM portfolio shifting may still be valid but this latest trading suggests some new positioning; likely index driven.
All guesswork of course. Cheers,
NEA Price at posting:
53.0¢ Sentiment: LT Buy Disclosure: Held
