Yeah well they probably got a friendly fund to sell them the shares at a cheap price. The brokers and funds all work together to help each other out of a hole. They do this all the time. I remember years ago with a company called Galaxy Resources how Blackrock did an off-market trade that allowed their "friends" to cover a massive short position (which would otherwise never have been covered without a massive uptick in the price of the shares).
It's strange though that this large X-trade hasn't shown up in the days overall volume
Ann: Chatree Gold Mine Plant 1 Update, page-109
-
- There are more pages in this discussion • 58 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add KCN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.56 |
Change
0.000(0.00%) |
Mkt cap ! $400.8M | |||
| Open | High | Low | Value | Volume |
| $1.53 | $1.56 | $1.53 | $12.27K | 8.05K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1576 | $1.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.55 | 3648 | 2 |
View Market Depth
| Last trade - 10.04am 05/11/2024 (20 minute delay) ? |
| KCN (ASX) Chart |