Interesting and frustrating but Ascot Securities ( a broker ) bought 5.5 mil shares at an average of 12.9 cents over the previous few weeks. They finished buying on the 21st March. On the 22nd march they started selling at a loss. As of Monday they had sold 2.49 mil. I assume they have sold more in the next 3 days and must be close to being out. Totally weird.
The client of Ascot Securities must have looked at Sensera as a possible momentum play but realised there was an even bigger seller than they were a buyer blocking them. Shaws have sold about 5 million with no buying over the last couple of weeks. Looks like they have finished selling.
Hartleys have been big sellers also. Stale shareholders who have had enough.
Good news is Morgans have finally started buying.
The register is going through a good cleanout.
SE1 Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held