I got the first assumption wrong that Wilsons started selling on Friday 17th Sep, not a single sell by them on Fri. Looks like one large sell by retail triggered a domino effect and took out 1.4c that day.
There were 4 large sell orders and 1 large buy order that day:
12.10.10 - 2.5mil
13.36.50 - 1.9mil
14.31.51 - 2.9mil
14.34.06 - 3mil
followed by the largest buy that day
14.34.34 - 3 mil with some outstanding on the bid that got subsequently taken out on Monday
Based on the broker data, looks like all of these large sells were retail, possibly except one by Credit Suisse (could be retail as well thru FP and Invast)...remember I mentioned CS was taking ~1mil buy orders each day on Chi-x early last week, so might've dumped that lot. And that single large buyer seems to be retail as well thru commsec.
Broker data - 17 Sep
Broker data last week i.e. 13 to 17 Sep
Having said that, I still think the 6 * 2 mil lots thrown at 1.3c yesterday was Wilsons...will update you guys on Friday when the broker data is available.
Have a nice day all, and hope 1.2c holds. all imo, please DYOR!
SCU Price at posting:
1.3¢ Sentiment: Hold Disclosure: Held
