sinosteel takes shares in lieu of cash, page-72

"even accepting your so called churn, fact is someone could have purchased 1 million shares below $3.50 "


How do back up your fact ? Downsides post for the previous period show the largest buyer didn't even get to 200k in a five day period.

As per my previous post tell me why M & G the largest stock holder in CDU who have bought 10m shares on market would pay $4 to buy 8m shares ( $32m ) if they could have bought them on market cheaper ?

The only logical answer is they simply couldnt buy that quantity of stock on market - which ( IMO ) is the same reason the other 3 - Oceanwide , NAAIL & Sinosteel have also paid a premium to get a large parcel of stock

Hoot