The selling of small parcels has been a recurring theme since the August share price freefall. These piecemeal trades are often associated with companies that offer their dividends in the form of scrip. Obviously this is not the case with Kings, so rule that one out.
This moorning I found it very interesting to note the surreal absence of any trading in Kings until about 11:20am. Funny that... then from 11:20 to 1:35pm the flurry of what would otherwise be deemed unmarketable parcels hit the ground running.
Did someone forget to boot up the bot trading system this morning? lol ;)
Here's a precis of today's action in simple terms:
Time Last Traded Price Volume 2:48:52 pm 66.5 2,463 2:47:40 pm 67 5,000 1:37:54 pm 66.5 5,216 1:34:36 pm 66 50 1:33:30 pm 66.5 101 1:32:26 pm 66 57 1:31:18 pm 66.5 116 1:29:43 pm 66 53 1:28:39 pm 66.5 108 1:27:04 pm 66 55 1:26:01 pm 66.5 111 1:24:26 pm 66 1,160 1:23:39 pm 66.5 2,356 12:33:48 pm 66 155 12:32:42 pm 67 316 12:28:45 pm 66 154 12:27:38 pm 67 3,420 11:49:18 am 66 2,847 11:49:18 am 66.5 109 11:48:13 am 67 9,750 11:27:07 am 66 145 11:26:00 am 67 295 11:22:46 am 66 17 11:22:46 am 66.5 118 11:21:36 am 67 274 11:20:30 am 66 670 11:19:22 am 67 14,360
Cheers, 'stoker2.
KMN Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Not Held