SPR spartan resources limited

Take over premium ?, page-36

  1. 980 Posts.
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    An error in the sales data? Oops an extra 100million shares traded? I hope not.

    I think the theory that those trades were the same parcel passing through two sets of hands makes more sense; perhaps the broker submitting off market transfer forms from the sellers, then transferring from the broker to RMS. Maybe a device to keep RMS' name unknown to sellers? Certainly when you make an off market transfer in the cheap seats you get to know who the buyer is. Maybe all we are seeing is the role of the broker in the middle.

    Your point that there was really only one trade remains true either way. I would just like to think those whose one job is keeping track of trades don't make boo boos like that.
    Last edited by RooBendigo: 06/07/24
 
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