Significant Trend Change And Breakout, page-55

I've often wondered about the liquidity situation on ASX going forward.

I speculate that a significant amount of ASX stock would by now have been transferred to UK holders. Morgan selling a few million here would have boosted the local supply of stock, but how much of the last few days action has been local Aussie vs UK based buyers......?

I can foresee a situation where a big step up in price will need to take place to entice ASX holders to part with stock.
I'm certainly not a seller here, and we have all the signs of a pretty wild ride coming our way through the year.

Once the big buyer has their fill then it is going to be very tightly held!