Sophisticated Investors

I had a stock many moons ago which eventually went under and the WA CEO had a spell in jail.

Before its demise brokers appointed a new MD to check out what was going on. Within weeks the sp jumped which allowed ( one would assume) many of the brokers S Investors to exit at breakeven or thereabouts. By the way the new MD resigned within a few months later (but before the company went under) never to be heard of again on any ASX company.

Wonder if this latest rally may be a repeat ..... allowing SI to exit?

I guess time will tell if someone has been loading up or trades have allowed an exit.