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3.17%

6.1¢ alcidion group limited

has the big seller finished?, page-12

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836 Posts.

1723

27/04/18

15:50

Post #: 32726506
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Originally posted by surfyy ↑

Hi all,

To settle some rumours and hopefully put your minds at ease, I can confirm BlueSky has not sold any shares.

Five names appear to have dropped out of the 50, it appears as if four of these sellers were all in the 2 year escrow and were vendors in the initial ALC prospectus when ALC listed.

The good news is they have now completely exited the registry, and this can also explain some of the continued downward pressure.

A small sale in comparison to total holding was seen from Allure (I alluded to yesterday why this was understandable and expected). Freeing up some capital makes perfect sense to me.

The most interesting thing is, majority of the shares purchased were made by only two holders (both using nominee companies) which made up 11 of the 12 million shares sold on Tuesday (ASX).

The blackout period is now officially over, so expect to see some director notices in the coming weeks

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Thanks @surfyy

If that is the case, it would confirm my suspicion that the selling down by Allure was well met by the buying from Geoff and Rebecca. From the trading pattern, it came across to me that both parties knew exactly what was going on...

ALC Price at posting: 4.1¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.1¢		Change -0.002(3.17%)		Mkt cap ! $84.60M

Open	High	Low	Value	Volume
6.1¢	6.3¢	6.1¢	$28.81K	466.0K

Buyers (Bids)

No.	Vol.	Price($)
2	111478	6.1¢

Sellers (Offers)

Price($)	Vol.	No.
6.3¢	56562	3

View Market Depth

No.	Vol.	Price($)
2	111478	0.061
3	448333	0.060
3	185352	0.059
2	251740	0.058
3	69945	0.057

Price($)	Vol.	No.
0.063	56562	3
0.064	43238	1
0.065	47365	2
0.067	44790	1
0.068	238249	2

Last trade - 14.35pm 30/09/2024 (20 minute delay)

ALC (ASX) Chart