SYN 0.00% 0.1¢ synergia energy ltd

305000 on the bid near the close.., page-3

  1. 5,609 Posts.
    they sat there near the close and on match out hoping to get a seller. They got about 30,000 shares i think. A buyer like that would be day order only as a rule, so they wont sit there over night but rather come back when they see how the market goes tomorrow. They were there for 350,000 share actually. Some times funds do this in the hope that a number of sellers fill them in afraid of what may happen over night.Probably an off shore fund as oilex is full of them from the UK and the US from the last placement at above this price. The buyer looked very real to me as they sat there ready and able to take the volume through the match out. Not to bad anyway you read it. dyor.
 
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