Promising announcement and well received here. Then someone...

Promising announcement and well received here.

Then someone drops 2M shares on the sale side at 2.2c (and yes both those sale orders and the buy that was there for a ffew minutes at 2.1c will be sure to be the same trader).

If you really want to sell 2M shares in a company with the liquidity of Barra, you don't drop it all on the market at the same time!

There is serious intent to cap the SP at 2.2c with hopes to buy as much as he can at 2.1c. Now with 2.1c clear, watch the bot snap up anything offered for sale at 2.1c.

Annoying, but a good sign. Hopefully those who have seen the announcement and the promise it displays and are yet to fill their Barra bag will see the bargain at 2.2c and take that opportunity at the trader's expense!