Its a good question and can't be answered 100%. I've posted answer before to this question.
There's 2,500 SGH staff in Australia. If they and friends family had tiny tickle on buying, it would make a huge difference given small volumes being traded.
I'm deducting from
- number of staff as possible buyers (let alone their friends and family)
-lack buy volume.
Do the math - a mere 10,000 shares each or $3,000 would explode the buy side.
My reading: it's just not possible there's buying from there given trading patterns.
Seen similar before where less staff to buy. They won't and aren't: but punters still will.
Only logical conclusion almost no staff buying, but I'm open to argument and correction if you think differently.
SGH Price at posting:
30.0¢ Sentiment: Sell Disclosure: Not Held
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