Looks like a lot of buying from retail investors (ComSec were responsible for nearly a half of all trades for the day). Pershing and Macquarie still selling, as has been the case recently. One would hope they're nearly cleared out with all the volume of last week.
Just as an outside note, I believe Warwick Grigor uses a combination of Cannacord and ComSec to purchase securities, depending on which holding account he's buying through. In that sense it may be hard to deduce if he's buying or not until a BASH notice is released. I'm not at all suggesting that he is buying either; just that if he was, we'd probably need to rely on seeing strong net purchases from Cannacord, as any ComSec purchases he makes would be well and truly lost in the noise.
With 120M fpo changing hands in 3 days last week, one thing's for certain: anyone who wanted to take a strategic, early stake in the company would have had ample chance to do so. Keen to see now if any brokers stepped-in on the pullback.
MRF Price at posting:
7.7¢ Sentiment: None Disclosure: Not Held