I see their has been a good announcement in my abscence. However we are still yet to see info around measured status. At last years AGM we were assured its release was imminent.
From a trading perspective it has been interesting to see further washing in and out of CQT. I am concerned it is GF trying to cap the SP, but fortunately if it is this strategy it would very simple to track the individuals involved as the trading info is very simplistic to read and understand.
Lehmans completed 685 trades for the month for a total value of about $85,000. This being 392 sells and 293 buys.Again ??????
ABN Amro Morgan had a net position of negative $714k whilst ABM AMRO was positive $651k, same company??? what is that strategy ????
Merryl Lynch had 500 trades for a net result of negative $25,914k
Paterons sold down to a net position of negative 1.036 million shares. Biggest net positition which is insignificant IMO
Here is a really interesting one RBC securities have had a position of negative 707,000 units. I believe RBC have been a long time supporter of CQT. Still a very small amount.
Mac Bank are back selling again with their retail and institutional desks now selling in excess of a million units for the month.
JP Morgan continue to only accumulate. Westpac have also accumulated some 854,000 units.
Very interesting trading for the month which has shown to me their is no big exiters. It appears their is a great deal of intraday trading occurring which could easily be broken with a greater demand for CQT shares.
I believe that the next few months will prove very interesting for CQT and will be looking forward to some interesting info in the next few months
I see their has been a good announcement in my abscence. However...
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