CXY 0.00% 0.3¢ cougar energy limited

All day today the buy was 006 and sell 007. There was one trade...

  1. edd
    930 Posts.
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    All day today the buy was 006 and sell 007. There was one trade of 5,000 at 006. A whole $30 worth. At 4.05pm a buyer appeared for 1.35m @ .008 and a seller for 1.25m @ .006. At 4.10pm 1.25m shares were traded at .006.

    The seller could have got his .006 all day long. No need to wait for any after hours auction. And the buy/sell numbers were essentially balanced so why only .006 when there was a bid of .008? Can't see why the seller would be happy with that. Wouldn't the point of waiting for the AH auction be to get a better price?

    But the buyer is obviously happy. He's jumped right over the 0.006 queue which has gone nowhere for at least three days.

    I still say something smells here.
 
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