BPO bioprospect limited

extraordinary volumes

  1. 602 Posts.
    lightbulb Created with Sketch. 21
    Did anyone else find today's volume traded interesting?

    About 18 million went through at 4.10 pm, so my comsec account reports, at a price of 2c a share. That was just 2 trades. Now plenty more wen through, 22 million in total.

    Now ANZ owns what 118 million, which is say 25%. Back of the envelope calc tells me market cap is therefore 472 million. Lets say, as an absolutely rough calculation, that after 4pm today, 5% of the company changed hands.

    Nice little deal has been done, any ideas as to what/when/where/how?

    All speculations welcome!
 
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