Ann: September Quarter Activities Report, page-52

Hi abu –

I note with interest the # of trades per your post’s list shows 70.
My Commsec’s Course of Sales page shows the # of day’s trades as 142.

i.e. your broker’s webpage shows – as 1 trade - all the trades that took place at the same time.

for example :

1) @ 9.59.52am – the time of the opening trades –
your broker shows : 1 trade for 63,500 shares.
Commsec lists : 5 trades, respectively 12,000 3,407 3,593 25,000 and 19,500.

2) Again @ 10.50.30am
your broker shows : 1 trade for 85,000 shares.
Commsec lists : 5 trades, respectively 8,407 15,000 15,407 15,407 and 30,779.

IMO your broker is not telling their customers the right info ALL THE TIME! with ANY! Lists of trades of ANY!
stock - as their page – for BGS infers that - at EACH specific time today

there was 1 trade – i.e. 1 buyer bought 1 seller’s shares or vice versa

whereas Commsec’s page infers to me – in my example 1) above – that

1. the 1^st trade was for 12,000
2. the 2^nd & 3^rd trades - totalling 7,000 shares were bought either by 1 buyer from 2 sellers(buying 3,407 & 3,593 respectively).
3. (selling 3,407 & 3,593 respectively) or by 1 seller selling 7,000 to 2 buyers

I favour 2b. above - because you’ll note that the sum total of the 1^st 2 trades (in my example 1) = 15,407.
The next trade listed was for 3,593 i.e. to make up a “rounded” order to buy or sell 7,000 shares.

Note amongst the Commsec trades in my example 2) that the 3^rd & 4^th trades were each of 15,407!
BTW there was 1 trade – immediately before the 1^st Commsec trade listed in example 2) above –
which occurred at 10.33.40am – of 7,000. Add that to my example 2)’s 1^st trade & whaddya get? 15,407!

Anyone can logically interpret that if a buyer specifically wanted 15,407 @ Market just ONCE during the day
but the 1^st seller in the queue was selling a round 20,000,
then after the 15,407 trade occurred there would be that seller’s balance of 4,593 left to sell to the next buyer.
That next buyer comes along and wants to buy 25,000 so he/she/it gets the 4593 balance – which Commsec lists as a trade by that 1^st seller, plus the 20,407 balance – which Commsec would list as the next trade – out of the next seller’s order.

From my eccentric observations – of all of Commsec’s Course of Sales data for today between 9.59am and 12.04pm’s 1^st – there were 86 trades listed.
Of those 86 there were 19 specific trades of 15,407 plus 39 others that comprised combinations of 2 or 3 successive trades – totalling 15,407!

Your broker’s list shows only two! specific trades of 15,407.

So yes – hanky panky going on? For sure.
IMO your broker’s data doesn’t reflect anywhere near that being as evident as it does in Commsec’s data.

I’ve never been a great supporter of Commsec’s methodology it uses with its webpage design – when I’ve rung them up before recommending they fix anomalies between pages supposedly designed to link to the same information – I might as well be talking to barkless trees.

The ASX are just as useless.
So much for their regulations designed to provide a fair market.
They get 1^st prize from me for the quality of the BS they’ve created!
I dunno what a paltry # of sharemarket traders can do about this situation – it’s been going on for years – I guess it needs an army of stirrers to do so. What do other posters think? Guata.