RQL 0.00% 26.0¢ resource equipment ltd

70c support level broken, page-9

  1. 3,605 Posts.
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    Curiously it was reported in the days trades as a single trade of 4,125,000 shares. It now appears to be 2 separate off market sales, 2,063,000 and 2,062,000 shares.

    Little doubt this has been done to allow exercise of their options, 6,250,000 each to be exercised by 30/9 at 20c.

    Nice little trades, pick up and extra 6 mil by disposing of 2 mil without having to put up any extra cash.
 
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Currently unlisted public company.

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