Maybe I’m bias, but I suspect GPT manipulation again. I think someone is still accumulating maybe IPL. Some of the sell orders are prob. Fake to flush out weak hands. I’m waiting near the end of the market, I expect the big sell orders to get pulled after they have done accumulating for the day.
Dividend yield is >10% and with 2 sub holders in our register within a month I would imagine the sentiment is quiet positive. If it is superfund investing in GPT then we can expect they are here for the long haul due to high stable dividends so they are unlikely to sell short term, if it is investment banks then it could be something a lot better. Either way, I think shorters are staying out on this one for now.
GL all.
GPT Price at posting:
$1.48 Sentiment: LT Buy Disclosure: Held
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