lok 'offered' at a premium, all day!

I was "heartened" by trading in OZ today, although volume was only 8500 shares shown as sold, in all.

Today: 08-May-2006
Time(AEST) Price Volume Value Condition Codes
15:56:10 6.0800 1,000 6,080.00
15:56:10 6.0800 369 2,243.52
15:50:48 6.0800 25 152.00
15:37:38 6.0800 300 1,824.00
15:12:52 6.0800 20 121.60
14:18:48 6.0900 4,880 29,719.20
14:10:09 6.0900 100 609.00
13:06:52 6.0900 20 121.80 XT
11:49:51 6.0800 477 2,900.16
11:40:30 6.0800 20 121.60
10:43:51 6.0800 200 1,216.00
10:35:04 6.0800 50 304.00
10:24:04 6.0800 1,039 6,317.12

The current "exchange rate" equivalent of $1.29540c is thus giving LOK an approx. price of around $5.85cps ......

This is "strange", to say the least. Has the 'buyer' here in OZ decided that LOOK was "oversold" on friday in the US? (All sales today, were all into the "bid").

Or, does the 'buyer' here in OZ possibly think they know of some pending "news" for LOOK tonight in the US, that could cause an improvement in the SP value??

The $6.08c (or, 1cps better) being offered all day, represents a premium of .23cps or, near on 4% ....Now, that's unusual, I feel !! It's normally been, the other way around.

Have to wait and see .....

:)
LC