No, instos are not accumulating at this stage. The line of a million on the 11th at the match out was private clients .....In this stock between 40 - 60 % of volume is onliners....the majority of whom will spin the stock for a half cent ( or better if they can get it...
So nothing happening at moment i think .. you can tell its large on liners because they all are looking at the bid / offer volumes and act as lemmings up and down as sson as they fear volume momentum is working against them...
I thimk that while the markets are happy this will just be pushed around by players operating via ComSec , Etrade and the others..
LOve the story , highly seductive .....BUT they need to get another utility in Bennulux region at least
CFU Price at posting:
18.3¢ Sentiment: Buy Disclosure: Held
