AUL 0.00% 28.5¢ austar gold limited

Ann: Proposed Consolidation of Capital and Notice of Meeting, page-173

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  1. 26 Posts.
    lightbulb Created with Sketch. 4
    Not sure it's not being capped. See below.
    Same four orders (at times changing order but always together) have been re-positioned each evening to allow later placed sell orders to go thru before they do.
    7,000,000 - $35,000
    22,112,122 - $110,561
    9,176,45,882 - $45,882
    9,000,000 - $45,000

    Below is one of the times (June 25th) I placed a sell order (100,000 - $500) and added a note to the order the next day.

    https://hotcopper.com.au/data/attachments/1634/1634186-9c4e957e2eac07fb66587048897f776d.jpg

    Next morning. Note the other order let thru, just behind mine, for 1,242,857 - $6,214 has now got > 3,000,000 - $15,000 behind it.
    https://hotcopper.com.au/data/attachments/1634/1634213-c22d4f3e16daee9cdd8a20d3e0dd2fbc.jpg

    Noticed this earlier than March 25th but this is the first screen shot - See notation below.

    https://hotcopper.com.au/data/attachments/1634/1634178-18ef86e7eb36a2c4623a4ccb3dda6b2c.jpg
    During this period > 200,000,000 - Circa $800,000 has sold thru this cap. Vast Majority at 4c.
    Still learning - can anyone advise why someone would allow 200 million shares to flow past their own shares if they actually wanted to sell?
    Seriously open to hearing another strategy I'm not considering.
    Flatout


 
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