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3.9¢ aphrodite gold limited

Some of the trades were crossed and other brokers. Large quick...

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12/10/16

07:04

Post #: 19789013
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Originally posted by Barolobill ↑

Approx 2.7mill shares sold between 3.12 -3.13pm. With a further 670k odd sold at 2.25pm. So you can assume someone sold out of about 3.3mill shares in a hurry.

It doesn't make sense to dump 2.7mill -3.3mill shares like this if want to get the best price, the stock is too illiquid. So this significant holder either knows something and dumped, got scared about the POG correction, or needed the cash fast?

362k shares changed hands at 0.022c, the recent low after the SPP. This was the bargain of the day. There was a small recovery, but still finished down 10% for the day.

What will tomorrow hold?

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Some of the trades were crossed and other brokers. Large quick volume, but not necessarily from one specific holder.
ChiX trades don't appear on my course of sales.
Good tree shake none the less..

AQQ Price at posting: 2.6¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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