Spookfish Rated BUY Initiation Research, page-24

To me it looks like Shaws Stockbroking were the sellers into the 8.5cps highs. So we have Morgans, Hartelys and Shaws all buying the rumour selling the news. None of these brokers have a mandate with SFI so they have no long term commitment to the story. Simply selling out clients into the highs.

I'd aslo say Virtu, the HFT were the ones that matches the stock lower on the close. Their increase in net selling volume is similar to the volume that forced the small gap lower to 7.6cps the other day.

Given Euroz had the capital raising gig, its positive to see them as the biggest supporter of the stock with about 6.3m net buy volume and a lot of new positive net volume supporting SFI from a variety of new brokers.

Given the history of the SFI share price, its difficult to see the price run any further without the CASA approval and revenues being initiated announcements.