where to from here for the bnd sp , page-2

Think this could 'attempt' to rise slowly in coming weeks as investors with bigger pockets take positions now the Newman risk is reducing, but any rise will be littered with more of those "no price discovery" dumps and the ubiquitous small parcel selling below last price. These are the two mechanisms commonly in use by the market manipulators that run the ASX to drive retail interest from a stock.

It works because if a retail investor is immediately put on a small loss they will stop buying. Bigger investors dont give a rats though, and if enough of THEM keep chipping away, eventually the shorts will start covering and it will be up and over 30c.

Shorts could start to worry about a deal being made to finance development unless they already know a share issue will be below their entry price of 30c.