SGH 0.00% 54.5¢ slater & gordon limited

Broker Data, page-89

  1. 691 Posts.
    again, no short sales 4th January. http://www.asx.com.au/data/shortsell.txt

    I have been watching the course of sales for some time and I am seeing a lot of CX CX condition trades. These are Centrepoint to Centrepoint trades.

    CX is a trade that has occurred in ASX CentrePoint at the current midpoint price. The midpoint price is determined by ASX to be the midpoint between the current ASX bid/offer spread

    These midpoint trades I feel are adding to the downward pressure on the share price since they always go through at 0.25c below the last trade.

    No idea who is conducting these trades as Centrepoint is a source of dark liquidity.

    I still feel the price is being manipulated for the purposes of accumulation. An issue with this theory is that I was hoping that a substantial holder would appear eventually as a result. Although I guess it would be fairly easy to hide an accumulation of stock across many custodian accounts


    21.5c sell line wiped out at the close today
    Last edited by nzgeo: 05/01/17
 
watchlist Created with Sketch. Add SGH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.