LDX lumos diagnostics holdings limited

5 min research on put through... if same nominee holds for both...

  1. 5,801 Posts.
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    5 min research on put through... if same nominee holds for both parties the trade can happen as a put through and ONLY REPORTED to ASX if $ amount over $1 mill.

    Sadly this tells me we can have ONE nominee holding for Peter and also holding for Paul. And Peter and Paul come to an agreement to trade with each other - through the nominee. And no trades need be reported as put through, but can just appear as normal trades on the ASX.

    So Peter sells 500k shares to Paul at price X
    Paul then sells 500k shares to Peter at price X minus one tenth of a cent.
    Peter then sells the same 500k shares to Paul at X minus two tenths of a cent.

    This continues onward (downward) indefinitely. If Peter and Paul are big holders, no none will ever see any change - even if you look at top 20.

    This would explain the strangest share trading ever in a solvent, cashed up, contracted up, producted up company. But it is only a tin hat theory, hey.

    FMB, did you get on today, at 3.2. I hope so. Well, if you wanted to do that, that price stayed low for you, and if you got what you wanted, then good luck to you. You seem a good guy. Maybe a little too good for the ASX. Be careful.
 
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(20min delay)
Last
2.9¢
Change
0.000(0.00%)
Mkt cap ! $21.70M
Open High Low Value Volume
2.9¢ 2.9¢ 2.9¢ $1.912K 65.93K

Buyers (Bids)

No. Vol. Price($)
4 571666 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 150000 1
View Market Depth
Last trade - 10.42am 20/06/2025 (20 minute delay) ?
LDX (ASX) Chart
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