If you look at the close off today one order of 690k shares or 26% of todays turnover is being offered belo the last trade of the day up to 4.00pm
classic shorters strategy to keep the momentum moving down.
I dont like the fundamentals of world wheat prices at present but i think the outlook for farming in the landmark business looks very positive
I suggest that the sell down has been over done and that the short players are trying hard to keep the stock going south before closing out their positions.
AWB Price at posting:
89.5¢ Sentiment: LT Buy Disclosure: Held
