ADY 22.2% 0.7¢ admiralty resources nl.

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  1. 2,070 Posts.
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    darlin that 68000 shares pepr buyer is just an average. There are some quite large bids sitting in there (several hundred k at a time) along with lots of small ones. My suspicion is that the big bids are fake -- they will most likely disappear just before the close and reappear at pre-open tomorrow. if they genuinely wanted that many shares surely they'd swoop in at market, or take small nibbles at what's on offer. Showing their 'hand' at a few cents below market price is just a ploy aimed at fleecing the smaller holders.

    Just idle observations/conspiracy theorising on a boring day at work ;-)
 
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