Short Term Trading Week Starting: 19 Sept, page-441

  1. 369 Posts.
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    is CL8 giving off smoke signals?
    stuck in a range between .018 and 0.021 for weeks really
    but last 3 days the volume has spiked significantly

    Monday 80k
    Tuesday 1.1m
    Yesterday 2.4m
    today 4m

    It seems to me like somone is accumulating - big capper in at 0.02 trying to keep the price range bound.

    3 possible reasons.
    no 1 - insto/ broker repsentations happening this week - are they generating interest?
    no 2 - Uber deal in NSW / VIC / QLD generating interest
    no 3 - about to draw down more equity finance so someone is trying to keep the VWAP low

    can anyone supply broker buying info for the last few days?
 
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