BUR 0.00% 14.0¢ burley minerals ltd

Hi Bendigo,I dont know who is selling this and why, all i know...

  1. 558 Posts.
    Hi Bendigo,

    I dont know who is selling this and why, all i know is they have a heck of a lot of shares and they have a reason, The only significant holders I am aware of is Macquarie Group Limited and Macquarie Bank Limited, what percentage could they sell without disclosing to market?

    The seller has significantly more head shares than options, notice the options have broken the down trend where the head shares haven't.

    What could be the sellers motives, could they be pinning the price down to make way for a cheap takeover, not holder that large is not aware of fundamentals.

    Theres just something not right here.


    Thoughts people?


    AA
 
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4 23303 14.0¢
 

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Price($) Vol. No.
16.0¢ 50000 1
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