Today was somewhat historic in the context of Cryosite share...

Today was somewhat historic in the context of Cryosite share trading action over the past 20 months.

It seems an anonymous buyer stepped into an illiquid, tightly-held market to hoover up ~675k shares in seven trades at between 4.8c and 5.0c. Outlay was $33.68k.

One Top 20 holder with 397,553 shares appears to have sold out.

We haven't seen market action like this since March 14, 2018.

Then, a company called SHR Pty Ltd bought ~626k shares at about 11c. Outlay was $68.55k.

SHR is controlled by CTE director Andrew Kroger.

Now London-based, Andrew Kroger keeps in touch with selected shareholders. Apart from his on-market buying, he's negotiated several deals with Top 20 holders of market.

The latest occurred on August 30 when Kroger outlaid $28,500 on the 10th ranking parcel of 500k units owned by Talston Pty Ltd. Buy price was 5.7c.

If insider Andrew Kroger worked the share-buying levers today, we'll know officially by the end of the week.

He'll need to file a Change in Substantial Shareholding Notice.

If he does, the Notice will confirm that Kroger has built his stake to 40%.

I would see this as bullish, pointing to the prospect of a record profit for the December half.

If he doesn't, it may mean a new player has joined the Top 10.

This would also be bullish.