GNX 0.00% 27.5¢ genex power limited

General GNX News, page-2103

  1. 663 Posts.
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    Can anyone educate me as to the options such that all this selling (and buying) is going on, but none of it from owners who are obliged to report it. Am still bemused at how the 48 million shares sold on 27 June did not generate a market announcement.

    The only thing I can think of is sales from a large group of small holders who are all with the same broker. For example, Broker X could issue a sell recommendation to its clients, because it has been approached by the company to prepare a capital raise, and knows that its clients can buy back in later, at a discount (please note that I am not alleging that anyone is doing this, just giving an example). Woould have to be a broker with lots of clients with medium sized holdings. Any other ideas?
 
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