AEX 0.00% 1.1¢ acclaim exploration nl

re: x trade sharponian...Yes, no reason to suspect it wasn't...

  1. 15,276 Posts.
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    re: x trade sharponian...

    Yes, no reason to suspect it wasn't ligitimate...about 2m all up and took out many sellers and several levels in one hit.

    Of all the orders it took out, only 2 were cross trades...that is, only two were from the same broker as the buyer.

    Hardly an "arranged" tranasfer when you take out a dozen or so others in the process...and besides, what on earth is all the fuss about? It was only 2m shares ($114K)...lol...hardly James Packer here?

    Clearly, today's announcement and the 2m at-market buy, are signs of a green light behind the scenes.

    We may well have just crossed a landmark moment?

    Unless I am mistaken, I suspect we might suddenly find less selling pressure on subsequent rises...at least until it gets into the teens.

    Cheers!
 
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