SBL signature metals limited

did anyone see some odd things in the action?

  1. 10,142 Posts.
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    did anyone see some odd things in the action?

    around 4:01 pm
    1 buyer at 2.9 cents with 1,350,000 shares
    1 seller at 2.8 cents for 1,300,000 shares
    Gave indicative close of 2.9

    around 4:07 pm
    1 buyer at 2.9 cents with 1,290,000 shares
    1 seller at 2.8 cents for 1,300,000 shares
    Gave indicative close of 2.8

    around 4:08 pm
    1 buyer at 2.9 cents with 1,290,000 shares
    1 seller at 2.8 cents for 1,200,000 shares
    Gave indicative close of 2.9

    around 4:09 pm
    1 buyer at 2.9 cents with 1,199,999 shares
    1 seller at 2.8 cents for 1,200,000 shares
    Gave indicative close of 2.8

    around 4:09 pm
    1 buyer at 2.9 cents with 1,199,999 shares
    1 seller at 2.8 cents for 1,100,000 shares
    Gave indicative close of 2.9

    then the odd stuff started, and managed to take a few happy snaps:

    1. another seller with 8,900,000 appears:
    sblauction1

    2. another seller with 8,900,000 appears:
    sblauction2

    3. both 8.9 mill sells orders removed. only 1.1 mill sell remaining.
    sblauction3

    4. only 1.1 mill sell order goes through to close the share price at 2.8 cents:
    sblauction4

    so why would 2 sellers (probably the same person) put up 2 lots of 8.9 mill shares up in the last few seconds in the auction, but then remove them?
 
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