Hi suti1- I am always happy to learn something. So, how do we know that it is a negative action in this instance (or any other instance)? You are able to place a buy order on for example, a husband and wife account and a sell from say the husband account. This will show as a crossed trade. I would assume (dangerous!) that a major account holder such as AMP Group having many different entities holding shares would need to move shares from one of its entities to another from time to time and for various reasons. I believe this to be legitimate and would be a crossed trade. Neither of the above examples would appear to be a negative action on the sp.
ASX glossary states - "crossed trade Where both the buy and sell parties (unrelated entities) are from the same market participant."
HGO Price at posting:
6.7¢ Sentiment: Buy Disclosure: Held
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