Fun and games, on the last day for tracker funds to get their foundation holding in SKE, from Monday their funds will be evaluated against the index and Monday SKE is included.
My take is the close was a last attempt to suck out shares at a lower price. I reckon more than half the shares dumped at the close were fundies sell their own shares back to themselves. Started with a dump to depress the SP just before the final auction. All in hope of sucking some in from those returning from a long lunch.
Wait a couple of hours and check your screen, there will only be a handful of sell/buy orders left from us retail holders/traders.
SKE Price at posting:
$2.62 Sentiment: Buy Disclosure: Held
