Sunburnt,
Completely agree. I have not been one to watch the daily meanderings of the SP but something is definitely going on.
To support your view only minutes ago the 8.7 line was taken out, exactly 166k shares purchased. Certainly an unusual amount to buy, noting one additional share would have pushed the price to 8.8 and a new day’s high. Within a minute the 8.7 line was replaced by a sell of 250k, and the game continues.
The buy side has shown depth rarely seen in CXY, with a collection of 1m and 2m lines stacked up. Whilst these show multiple buys the quantity and speed in which they move suggests concerted buying from more than recreational investors.
Hopefully Billgeld’s attempts at securing the latest the top 20 will succeed and provide a better insight into what’s happening.
Sunburnt,Completely agree. I have not been one to watch the...
Add to My Watchlist
What is My Watchlist?