CGF 1.81% $6.50 challenger limited

Well the big orders today were cross-trades (XTSPOS), if you...

  1. 371 Posts.
    Well the big orders today were cross-trades (XTSPOS), if you dont know what it stands: XT - Cross Trade, SP - Block Special Sale (Special crossings where the consideration is greater than $1M), OS - Overseas Buyer.
    So if we look at the course of sales that is where that order comes up at and the purchase price was at about:
    Price Vol
    28/03/2008 4:39:22 PM 218.3 517933 XTSXOS
    28/03/2008 4:27:03 PM 214.6 533238 XTSXOS
    28/03/2008 4:21:50 PM 215.5 2960849 XTSPOS

    I do not agree that it is because the company is going belly up and it is dumping. It is very high class stock manipulation happenning and if it were a dump it would be just thrown on the market. Someone has obviously bought the packets and they are all overseas buyers.

    Monday will certainly be interesting, I am banking it on an up day, as CGF was oversold today.

 
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