Most of the large trades are GMP cross trades, I take it between clients or entities. Not sure with the ITG trades - as it's close to EOFY maybe someone adjusting tax liabilities between entities? Just a wild guess.
For what it's worth, since 10 May the data shows
GMP have net buys of around 700,000 shares
Comsec have net buys of around 4.6M shares
But the data is incomplete; there are sometimes large discrepancies between broker data totals and ASX trade totals. For example, the two 5M trades on 16 May don't show. What's a few million shares here and there hey?
.
Yes the sell side was stacked a few times this week; 1.25M and 500K sells appearing and disappearing. Seems no one was spooked anyway.
Towards the close today someone (DeuSec?) quickly executed a couple of little dumps to drop it back to 5.9c. No doubt a great relief to them. The games continue.
TON Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held
