TAS 0.00% 0.5¢ tasman resources ltd

HeadYour posts are just silly semantics ... if you check my...

  1. 12,455 Posts.
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    Head

    Your posts are just silly semantics ... if you check my first post, it was just a reply to a poster who said there was no insider trading on this announement.

    I disagreed and mentioned there had been "big" buying the last few days before the announcement. No you are rabbiting on about the word "big" ... so just take it in context will you!!

    The daily average volume prior to the two "big" days was around 30k ... then for two days it increased to around 280k for each day ... thats a 10-fold increase each day.

    So the point is, was there insider buying? The facts say yes.

    Another point in relation to the word "big" ... TAS is a VERY illiquid trading stock, and as such there was very little stock available those two days. The "large" buyer bought ALL stock available on those two days without spooking the market & showing his hand.

    So put the word "big" in perspective

    cheers
 
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