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But selling at loss.. I even checked on the short selling list but bauto was just shorted with very minimum units. Just hope that they faster finished out their selling so the price could eventually go up gradually.
Substantial shareholders should make announcement if there is any changes on their holdings. Below the 5% threshold is not required to make announcement therefore we can't identify the selling force. But analysing the selling pressure, it should be crocodile selling instead of retailer. Simply check today's txn, few time hundred K dumping, hardly imaging retailers hold that much and keep dumping months ago
Probably not the substantial shareholder, any possibility for foreign funds? Observing the volume and price, the stock price rises but vol low, when price drops, vol big. And the txn of dumping usually up to few hundred thousands up to million tickets.