At precisely 10.02.08 am the other day approx 2.2 mill shares were traded which helped carry the price to 12.5 cps from a low of 11.0 cps this particular day.
5.8 mill shares were traded by approx 10.30 am this day.
Possible reasons for this:-
A well off individual investor who knows something!
A Super Fund buying for its investors etc
A Director who is buying 2 weeks before a big announcement
A large volume of small investors influenced by Today Tonight story.
Take a punt !!!!
I think it was a Director buying 2 weeks before a big announcement.
As one of you guys just mentioned I haven't seen so many buyer v sellers for a long time
17 mill on buy side and 7 mill on sell side. This is very good for +ve momentum. Something is in the air I can feel it!!!!!!!!!
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2.2 mill shares traded at 10.02.08 am
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