GGP 0.00% 0.6¢ golden gate petroleum ltd

64mil at .015 ... ggp ready to explode, page-52

  1. 1,720 Posts.
    oscarone, yep hard too miss if watching

    Biggest volume for 3 consecutive days for the last 2 years, by a whisker :")

    Mon 101m
    Tue 30m
    Today 54m
    Total 3 days 185m

    8/2/10 60m
    9/2/10 94m
    10/2/10 30m
    Total 3 days 184m

    The buyer would be very much aware of this, so consequently not too many BOTs

    BOT = automated software trading, both buy & sell usually at the same time to confuse the living daylights out of the market and calculated to either force price up or down by using some pinheads algorithms, see "Algorithmic Trading" forum in HotCopper

    Allowed by both the ASX and ASIC to trade in quantities as low as 1, yes one share at a time, one after the other.

    A very criminal practice, but still allowed by the law with blinkers on to beat down the share price of a company preceding a takeover offer based on a much lower VWAP than would otherwise have been the case



 
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Currently unlisted public company.

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