I think the +2mil seller finally offloaded this morning.
10.08am - 959,043 went through. 11.11am - 2,423,746 went through.
25mil ish shares were traded on Tuesday, one would expect some of those to be looking for a quick trade before T+3. Now that we are at T+2, there appears to be a few sellers realising that an overnight profit isn't going to be there, so have jumped or are trying to jump (as a result of the 2 trades this morning we now have many sellers at 17 and .175).
I have a feeling we will see the next 2 days as a mopping up exercise at current levels, followed by a slow gain into March.
The company hasn't given any reason to doubt its capability. I hate these destructive trading frenzies we saw on Tues.
CFU Price at posting:
16.3¢ Sentiment: LT Buy Disclosure: Held