big seller
Someone put 275,000 at 9.6 and they went in a oner, then 50,000 same price gone, they were only on for minutes. If I was a broker and a client said put 3 mill on 5 to 10% above the offer with these volumes, I would have to say "why" You wont sell them unless there is big news. All you will do is spook the market. The seller is either stupid and is effing up his own sell, or he is capping the price. I am told the seller is overseas, could be Canadian. I cant see any reason to put that sell on except manipulation. Its been there over a week now, if it was a dinkum seller, he would be on to his broker saying any of that stock gone mate.....no not one yet. All will be reveeled in the fullness of time, If we do get news, it will probably be pulled. If it drops to 9.8 then I will be worried.
SBS Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
