just a smoke screen, page-10

I checked the course of sales for the 22nd & some of the biggest were cross sales XT one was for 5m shares & another was for 3m, & many others for large lesser amounts, although this is not unusual. With the recent DB ann it would seem to be some type of arrangement to me IMO.

A brief description is:


Crossings are a type of order where the buying and selling broker are the same.
Crossings are strictly regulated by the ASX Operating Rules. The regulations are formulated to protect retail investors and ensure the integrity of the marketplace. Only brokers may cross.

The broker may be acting on behalf of buying and selling clients, or acting on behalf of a client on one side of the trade and as principal (i.e., trading for themselves) on the other. The Broker cannot act as principal on both sides of the trade.

There are two main categories of crossings, special crossings and on-market crossings.

Special Crossings may take place off-market at any time, including during Normal Trading.

There are a number of types of Special Crossings. Depending upon the type, the minimum consideration (total sale price) ranges between $1,000,000 and $5,000,000.

Special Crossings include large trades and large portfolios, and must be reported to the market via ASX Trade.

http://www.asx.com.au/resources/crossings.htm