Lets take another look at large volumes vs announcements. I have used aprox figures.
6th April - 152,00,000 Shares (Aprox $15m) - Nabeeba Ann.
30th April - 86,000,000 Shares (Aprox $9m) - Qrtly Report
7th May - 77,000,000 Shares (Aprox $9m) - Halt, Resource
5th June - 85,000,000 Shares (Aprox $13m) - ?????????
27th July - 75,000,000 Shares (Aprox $13m) - Qrtly Report
14th Aug - 59,000,000 Shares (Aprox $12m) - ???????????
When you look over the last 12 months, Fridays trading was 10th highest as far as volume was concerned, but around 7th highest when it came to overall value.
Todays trading indicates so far, that it will pass the amount traded on Friday.
Can anyone recall what happened around the 5th of June, as it appears to be the only large trading previously, that was not followed by an announcement.
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