AKA, I don't think it was a prop, I'll tell you why.
1/ the 20c parcel was a sitting duck all day for a large holder who has been wanting to get out in one quick hit rather than drip sell
2/ everyone knows JP Morgan has been selling millions of shares. Most of us think they still have a million or so units to go. Given the consensus assumption is they were happy to sell at 17c last week, you would think they would jump at the opportunity to sell out for good at 20c
3/ the share price did get down to 20c this afternoon and the buyer held firm.
4/ at 6.30pm on a Friday night, you would think the buyer has called it a week and left the office. Guess what, they left without pulling the buy order.
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