TPT 0.00% 0.9¢ tangiers petroleum limited

some trading analysis

  1. 609 Posts.
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    Ok..
    Whilst we're waiting for this latest TH (groan) to pass, I had a quick peak at some of the trading during the first 3 days of last week (ASX only as I cant see through the AIM trading).

    On the buying side, the biggest (apart from Commsec and Etrade) were Goldman Sachs with a net 2.05m @ 18.0c (a bit unusual to see GS in the micro oillies), Bell Potter with 364k and MS with a net 353k.

    On the sell side, The Pershing platform dominated with 5.259m net sold at 17.6c. As this platform fronts for quite a few brokers, its impossible to say where the selling came through, but obviously did its best to keep the sp down as well as the wealth of their clients. In second place was BBY with 789k net sell at 18.1....Being one of the placing agents, this should a little disrespect to one's corporate client. Deutsche and UBS were also big with 739k and 708k respectively.

    Looks like no love lost with David's almer mater, Argonaut selling a gross 872K at 18.1c over the 3 days as well. Maybe they're a bit ticked off for not getting the placement mandate. Never let it be said that brokers types are not sensitive! lol.

    Cheers
 
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