PLA 0.00% 6.7¢ platinum australia limited

paradice, page-4

  1. 1,245 Posts.
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    It looks like BoA bought up the 15m shares Paradice sold on 21/9/11.

    From the market release today, it looks like they were covering part of the $20.5m they sold on the 14/9/11 (averaging down?).

    There would seem to be a couple of BoM divisions which are trading independently. I would suggest trading is for clients (super fund investment managers) rather than for the bank.

    I still suspect that there must be private investors accumulating on the sidelines. Still seems to be support for the stock, while the platinum price has been a drag in today's market. Looks like that might fall away tomorrow and we should see some increase in buying interest (with any luck).

    mmmmgus
 
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