No I don't think so because even that buy up was big volume but not massive. We have seen more sold down since then.
I think there are likely still some big holders, that also know a sell down might happen prior to suspension.
And were holding for the possibility of one more run up before then. Maybe this announcements run was it and they are now all trying to get out before smaller holders run prior to suspension.
But the sell downs have all been on smaller volume. And I think there are still truckloads waiting in the wings for the chance to buy bottom.
Don't forget there are various people around the world also spruiking it still, and now they can say the sale of shares is oversubscribed and market is only place to go.
I still think we might see another decent run up prior to suspension.
And then after![]()
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