There is nothing dodgy about CPR - the firm just chose the wrong...

There is nothing dodgy about CPR - the firm just chose the wrong time to break into NSW, but one stumble should not suffice to shoot the horse. Anyhow, the share price will rise a few cents this week because there are many more buyers than sellers.

At about 9AM on 10/9/08 Comsec listed the following:

Buyers....Qty...Price........Sellers...Price...Qty
1.......1,100....0.480..........1.......0.545...2,999
1......69,151....0.465..........3.......0.550..15,500
2......24,599....0.460..........1.......0.650...5,448
2......50,500....0.450..........1.......0.980..25,000
2......75,000....0.440
1......10,000....0.430
3....205,000....0.425
2......12,000....0.420
1......24,650....0.405
1.......1,200....0.400

The actual sales in the morning until then shows heaps of sales of 100 units. I do not know what this means, but somebody is probably trying to push the price one way or another via a bot.

I have 54,490 CPRs and no ready cash, so although I like CPR at current prices, I'll not buy more.