AIS 1.96% 25.0¢ aeris resources limited

Ann: SOL: Sale of Round Oak Minerals to Aeris Resources, page-32

  1. 6,110 Posts.
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    Plenty of buyers lurking off screen. I had a good size $100k order at 6.4c cleared via OTC today. I was hoping that it will get filled with the Retail SPP shares in overhang (i.e. underwriter taking a hit) but not to be. Looks like there was enough buyers off screen that brokers/market makers pushed the price down to get big orders filled.
    https://hotcopper.com.au/data/attachments/4452/4452601-d95f1567760d3e037623d2db1d791271.jpg
    Stoked that I got my large buy for the price that I want without waiting on the screen all day. Brokers/market makers get their fees +- any loss/gain from performing the flush... unfortunate that it was from panicked retail (I think) instead of the underwriter overhang.
 
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