Hi All,Have noticed some strange trading in CUO over last few...

Hi All,

Have noticed some strange trading in CUO over last few days, was just wondering if someone could explain what is happening.
Have attached trading snapshot below.

If you look at last 10 trades, 9 of them to the upside 0.475 but all very low volumes ( less than marketable parcels) and each a few minutes apart. Noticed either yesterday or day before when i had a look a number of parcels of only 1-50 shares.

Assume these trades are not retail buyers but just wanting to know why this sort of trading occurs.

Cheers Fero


Sorry about the formatting below ( it seems to lose it on posting)


Buyers

#Number Quantity Price
1 1 50000 0.465
2 5 52395 0.460
3 7 97622 0.455
4 8 123000 0.450
5 1 30000 0.445
6 4 49500 0.440
7 2 25000 0.435
8 3 62145 0.430
9 3 23000 0.425
10 4 104700 0.420

#Sellers
Price Quantity Number
1 0.475 49333 6
2 0.480 57129 4
3 0.490 10000 1
4 0.495 38299 4
5 0.500 60000 4
6 0.505 56700 3
7 0.510 8250 1
8 0.520 85438 1
9 0.525 35000 2
10 0.530 159726 3


Last 10 Trades

Time Price Quantity
01:48:10 PM 0.475 801
01:44:26 PM 0.475 935
01:40:11 PM 0.475 331
01:38:35 PM 0.475 205
01:37:26 PM 0.475 201
01:36:16 PM 0.475 200
01:35:11 PM 0.475 215
01:34:56 PM 0.460 3,697
01:34:03 PM 0.475 497
01:31:35 PM 0.475 805