EFFECT on SP post SPUD DATE Anns, page-41

Hi roy_boy –

I think the last buyer to get shares today before 4.00pm - @ 0.019c –

from which price you are predicting a 10% rise tomorrow

(which IMO won’t happen straight off if the LSE follows Oz, as it normally does, i.e. there could initially be a short-term sell-off over there),

then this buyer could be expecting the same rise, or more, to occur here in Oz. Why?

Readers of this thread’s posts - from woe to go – will note from my original post’s 2^nd “table” that there were 8 “parcels” bought , totalling 260.7m shares,

again IMO, by only 8 buyers, because of that # of trades being at specific times – to the 2^nd not minute - during last Friday 12 March.

Here again are the chronological # of million shares traded per those 8 parcels, all of 25m or INX :

25, 43.6, 32, 28.125, 29.8, 26.39, 50.75, & 25.

During the 3 days of this week there have been a much lower # of similar types of large parcels traded – the largest one I calculated as being ~36m.

The last of these was today, but only part executed.(i.e. 1 of your “14 buyers of 59m” was for a large parcel).

I have extracted just now the following Buyers’ data, from the 1^st 2 lines ofmy Commsec Market Depth page:

(Please note roy :

I’m not nit-picking your #s to bits, just pointing out the significance of

how much 1 buyer of alarge parcel @ 0.019, affects the av. # of shares

wanting to be bought by the remaining # of traders @ the same price :

15 buyers for 55.6m @ 0.019

159 buyers for 80.8m @ 0.018.

Of these 15 buyers the 1^st cabbie off the rank wants to buy 45,863,310

As this non-rounded # appeared to me to not be an order for that specific #, I thus suspected that it was part of an unsatisfied larger order for a rounded # of shares, to be bought @ 0.019.

Commsec’s Course of Sales page proved to me as correct, viz:

The last 13 trades @ 0.0190, before 4.00pm, occurred between 3.57.28pm & 3.59.19pm,

totalling - as you’ve probably guessed by now - 4,136,690

to thus = 50m as the total for this 1 order, for $950,000. Not small change eh?

Of course all my info above becomes irrelevant if this buyer notes a significant overnight move in either direction on the LSE or NYSE, before our ASX opens.

If that happens, I’ll be looking, OOI, to see what this buyer will change his bid to for the remaining 45.863m he wants to buy.

Whatever he does, IMO it will have a notable bearing on subsequent trades' SP’s once his order is filled.

Apols to readers for this dossier – trust you’ve “coped with the wind” - I was never good @ precis.