KEY 0.00% 0.1¢ key petroleum limited

haha so much for the downward day, page-4

  1. 887 Posts.
    Xtrades are where a broker has two clients who both want to buy and sell the same share for the same price. Instead of buying on market selling on market, the broker just does a cross trade, and settles in one trade.


    Can also be done for manipulative purposes i.e. company transfers 2k shares to a related individual or something like that. Makes the SP look good which also may trigger some buyers back in with a flag on their charts.

    Be interesting to see how this positive finish (first in a while) will play on the SP tomorrow.
 
watchlist Created with Sketch. Add KEY (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.