CHN 1.38% $1.07 chalice mining limited

Looks like GS sold the shares to their own clients (or on behalf...

  1. 1,062 Posts.
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    Looks like GS sold the shares to their own clients (or on behalf of their clients) via their “own shorting methodology” unfortunately at the expense of market SP? I don’t profess to know anything about that kind of system but apparently it is legal and within the ASX rules.

    So last Friday the day before the formal admission to ASX 200 GS scooped up 15 mill shares and then over the next few trading days they were disposed of by selling to their own clients? It must be a normal practice for any new ASX 200 admission and boy what a great deal GS have gifted to their own clients?!

    All in my own opinion only and please DYOR
 
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