running hot..., page-3

On the 12/12 I recieved the most rediculous Messenger message ex Perth brokers.

A substantial shareholder wished to exit the stock in ten minutes time and fill any orders at 9c (the stok was trading about 10% higher at the time.

Almost out of no-where orders began to accumulate at 9c till there was something like 50+ buyers sitting in depth at 9c for something like 20 million shares, (and this isnt a strongly traded stock).

Now please, tell me, a/ if things are so good, why did the s/shareholder want out b/ why would people rush to buy an unknown shareholders stock in a relatively unknown company without doing any research close to its altime highs and c/ is this Australia's cheapest ever book build for a selldown?

This might open an entire new opportunity for entreupreneurs to distribute their stock at market topps without having to fork out cash to all those hungry brokers!!