The volume is so small it is ridiculous. People with 75k-100k lots are continually hitting the bids. My gut says it is just pis5ed off retail punters - they aren't even prepared to sit in the sell. Downside, if you're reading, can you please give broker analysis for last couple of weeks - my contact is away. This can change around very quickly once a few decent bids come in. Management have some serious work ahead of them to restore confidence. There will not be many holders sitting on profit (in fact I am guessing a lot have been smashed). Plus we have those poor bells clients who already down 33% in a week or so, so Bells should be getting shitty with management. Chris is on holidays from what I hear - great timing.
NMR Price at posting:
2.7¢ Sentiment: None Disclosure: Held
