BTU bathurst resources limited

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    while we are ranting, one of my own

    I have done a very cursory glance and my comments are by no means arrived at in a quantitative manner but here goes.

    It seems to me that the little guys are holding tight in BTU and I dont believe day/mum and dad traders are active here, and when you compare the volumes that are ebbing and flowing in and out of the institutional holders with the daily volumes it seems to me the lack of little guys is allowing the large holders to swap around holding with virtually no risk.

    In the last BRR video Hamish himself commented on L1 Capital and Mathews swapping in and out of holdings on what he appeared to suggest was a common occurrence. Is the lack of trading activity allowing larger holders to wash their stock at will. Should the ATO be looking at the last 12 months trading of BTU.

    Just a rant

    Viney
 
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