Some Fun with SumsHow much money is involved in selling down...

Some Fun with Sums

How much money is involved in selling down shares in Paladin Resources from 29,342,134 shares to 24,680,273 at yesterday's average price?
Roughly "

4,661,861 shares × $6.93 AUD = $32,296,699.73 AUD

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What percentage of shares traded yesterday is this and what would be the expected impact on the share price selling this volume
".The sell-down represents 221.6% of the actual daily volume, implying it likely occurred over multiple days or via off-market transactions (e.g. block trades or dark pools), since it exceeds the reported on-market volume."

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Selling down 4.66 million Paladin shares—especially when it exceeds daily trading volume by over 200%—can certainly raise eyebrows. But whether it qualifies as market manipulation depends on intent, method, and disclosure.

️‍♂️ What Might Suggest Manipulation?

• Timing & concealment: If the sell-down was deliberately spread out to avoid detection or distort price signals.

• Wash trades or spoofing: Placing orders with no intent to execute, just to mislead other traders.

• Undisclosed coordinated selling: Multiple entities acting in concert without proper disclosure.

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Not an Allegation! Its ASICs job to ensure we don't get screwed!