Anybodies guess but I have observed the following
Most mornings a small parcel comes in pre market below the asking offer
There is an active algo trader in today selling small parcels whenever price rises
The sell side is stacked with about 300,000 with no hope of getting hit, 200,000 over 30c
Friday best day to rid weak holders
Who knows but to me this is not distribution
Maybe Accaeric can provide broker data to see if any big exits
TIS Price at posting:
20.7¢ Sentiment: Buy Disclosure: Held
