this $1 billion transaction does not have to be a usual BUY/SELL between two independent parties, it could be an intra-party transaction too...
remember this is year end time, one holder could be moving stock from the left hand into the right hand too and not actually changing hands (selling to another entity)...
this is done via a broker and registered on the ASX in terms of VOLUME only (price is not included in this transaction - i.e. the FMG chart will not see this $21.60 price reflected as of today - unless the price actually gets there due to any reason)...
I have seen many many such instances of large block deals go through on many stocks outside of trading hours at absurd prices and the actual price never gets there...
this could just be TOM DICK & COMPANY "transferring" $1b worth of share to their sister concern TOM DICK & HARRY COMPANY before 30th June for adjusting some gains/loss in either company
Iron ore price, page-52471
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Last
$19.55 |
Change
0.050(0.26%) |
Mkt cap ! $60.19B | |||
| Open | High | Low | Value | Volume |
| $19.98 | $20.30 | $19.51 | $184.3M | 9.305M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2568 | $19.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.56 | 44282 | 3 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |