SXL 0.99% 50.0¢ southern cross media group limited

Some suspiciously large trades, this morning, that drove the...

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    Some suspiciously large trades, this morning, that drove the price up a little. This afternoon it seems to be the usual low volume bot trading activity. I doubt those large trades have put much of a floor under the price. There's still next to zero retail interest in media stocks.

    This may be someone with deep pockets trying to manipulate the price before offloading a larger parcel. If so, I suspect their ploy won't work. There's just too little interest in buying even at these low levels.
 
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