Brokers report from 2/7 to 28/8.
Instinet Australia is the biggest buyer follow by Canaccord and Deutsche Securities. Interestingly, Commsec Retails have been selling.
On the 27/8, Commsec holders sold more than 1.2M shares on market. The total volume were 1.5m for that day yet sp managed to close 30c.
Instinet is still accumulating and Deutsche Securities however a bit lack of actions from Canaccord as they are probably absorbing too much.
If we have few more big funds accumulating then there will see a breakout soon.
Happy Friday!
LPI Price at posting:
31.5¢ Sentiment: Buy Disclosure: Held
