SRQ 0.00% 4.0¢ straits resources limited.

amazing timing or manipulation?

  1. 12,166 Posts.
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    Column 1 Column 2 Column 3 Column 4 Column 5
    0
    Time

    Price ($)

    Volume

    Value ($)

    Condition

    1 1:34:33 PM
    0.004
    351,400
    1,405.600
     
    2 1:34:33 PM
    0.005
    100,000
    500.000
     

    I had to buy my last 100,000 shares of SRQ to complete a nice round figure, so I had two options - wait in the queue @ 0.4c or buy up @ 0.5c...so I just went on and bought 100,000 @ 0.5c at 1:34:33 as the timestamp suggests... as the last trade before my purchase was 0.4c and as I had bought UP at 0.5c, I expected the last trade price to show 0.5c when my screen refreshed after my buy was completed....

    I was amazed to see that AT THAT VERY INSTANT @ 1:34:33 there was a SELL to 0.4c to bring the sp down to 0.4c....

    chances are that this could be the case of perfect timing when at the SAMe TIME that I wanted to buy, someone wanted to sell...possible if you are buying TLS/CBA etc where there are millions of shares traded each day... but on SRQ when there is hardly any trade, what are the chances of having a trade match the timestamp to the second????

    someone trying to cap this to 0.4c??? 13th April is not too far away and there could be some reason to CAP this to 0.4c so that the sp could be in some sort of a calculation/equation as a bargaining chip....

    As I on to something or is it just an overactive mind at work???

    Comments please....
 
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