REY rey resources limited
Add to My Watchlist 0.00% ! 2.7¢

cross trades - my theory....

  1. frogga
    1,966 Posts.
    lightbulb Created with Sketch. 42
    clock Created with Sketch.
    09/09/10
    15:57
    Post #: 7178497
    Hi all.

    Just a (conspiracy) theory to run by you.

    Is it possible that the two massive cross trades yesterday (10m at 13c) and today (10m at 12c) are a result of someone trying to manipulate the VWAP so they can launch a takeover and say the standard this offer represents an x% premium to the 30 day VWAP and an x% premium to the 90 day VWAP etc etc. Obviously with 20m shares (8% of the shares on issue) going through in the last two days at an average of 12.5c, you can guess what the 30 and 90 day VWAPs are going to be pretty close to

    Maybe a trader can answer firstly: do cross trades contribute to VWAP?

    frogga
    REY Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Strong soil results define new gold targets at Tole and Dadjan
right-arrow Created with Sketch.
NEWS Drilling to commence at FAU’s Gimlet high-grade gold project following approvals
right-arrow Created with Sketch.
LM1 High-grade targets in focus as drilling begins at Evanston
right-arrow Created with Sketch.
NEWS Outstanding thick high-grade gold revealed in first Greenewood assays
right-arrow Created with Sketch.
NEWS New targets and high-grade intercepts drive Bullabulling drill expansion
right-arrow Created with Sketch.
NEWS How to handle a financial crisis and turn setbacks into setups
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.