ELD 2.82% $8.39 elders limited

clint thats the way she trades, tiny volumes for hours and then...

  1. 692 Posts.
    clint thats the way she trades, tiny volumes for hours and then big chunks. Roughly 10m were taken off the sell side the yesterday in the same way. Just prior to that dump today about 10m new buyers showed up. Maybe a coincidence but it seems thats the way its been going in the last few weeks. And 10m is not a great deal when average volume is about 60m since the placements. Its institutional churning right now. The buy side has doubled this week from 50m to 100m, highest at 120m today. Only the instos can decide what happens next IMO. So much SPP issue to change hands means it is a bit of a stalemate until that passes. Thats what i think of it anyway. As i said in the other thread, lots of director activity in this in the last few weeks as well, they're not idiots they can see 15c is a good deal.
 
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