The registry is tightening, we needed a few days of slow steady price increases on the AIM so the JP Morgan Cash Income a/c cannot reload at lower prices only to dump at the next sign of the share price going north. We'll see if I'm on right on this at the next top 20 update, I think their 2m+ holding will have disappeared from the top 20.
Citibank appear to have been working the arbitrage trade and they have managed to buy their stock cheap and sell high on the AIM. When the sellers on the ASX run out, which in my opinion was Friday just been then I think we will see players start covering their positions and paying up on the ASX throughout the day not just at the open.
When the price gets pushed up during they day on the ASX it is the sign that the registry is tight enough to double in a short period of time.
Bring on the news flow! Bring on a dollar!
The registry is tightening, we needed a few days of slow steady...
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