XMD 0.47% 10,302 s&p/asx midcap 50

SHV. There was a substantial shareholder announcement today by...

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    SHV. There was a substantial shareholder announcement today by Credit Suisse Equities. 70 pages designed to confuse and be opaque. But it detailed lots of borrowings under loan agreements in January with various counter-partys, presumably for shorting. So presumably they were a major shorter in Jan but ended up with a substantial shareholder notice.

    It's sometimes interesting to try to work these notices out as they sometimes reveal the intent of a major player. I remember seeing in CSR buying and selling by an institution to hold a price range while they accumulated through multiple notices. I'm guessing Credit Suisse helped knock this price down to average in lower. Hard to know they way they write these. But it gives me some confidence when a professional is getting set after a significant fall at a likely low point.

    So far an inside bar this week which, if it finishes the week that way, will be a bullish harami reversal and time to load up.
 
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