LNG 0.00% 4.3¢ liquefied natural gas limited

The buyers at 3.38 and 3.35 have placed their orders so high...

  1. 2,061 Posts.
    The buyers at 3.38 and 3.35 have placed their orders so high because they want to buy their own stock which they are now selling at 2.77 and 2 94. This way no one interrupts what they are trying to do.

    The above quote was from Possum. I wanted to know how he knew the owners of the 3.38/3.35 and 2.77/2.94 were the same. Thought he might have more info available to him than what I get. I'm with Belldirect.

    The placement of high buy orders/low sell orders in the Pre Market Opening and the Closing Share Price Auction at the end of the day is to obtaining priority when the market opens/closes - nothing more. The thing is to look at the indicative price where it will open/close - not how high/low the orders are. Yes some funny games happen during this process. Yes the market is full of people trying to make a quick $$$ by any means. Cheers and thanks for chatting.
 
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Currently unlisted public company.

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