With M&G a major holder on the register holders need to be prepared for mass dumping at any price. That fund has lots of form in that particular practice this year. Buy high and sell low as possible seems to be their mantra. Hard to belive but they're done exactly that with many asx stocks already this year. Two that I'm aware of are MML and CDU. Maybe they make up for it by shorting at the same time....anything possible on asx.
OZL Price at posting:
$3.57 Sentiment: LT Sell Disclosure: Not Held
