CNP 0.00% 4.0¢ cnpr group

macquarie bank, page-2

  1. 416 Posts.
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    yesterday I would probably say it is a net sell but not much, according to the buy and sell orders.

    Today similar things are happening, large sell orders are placed at 0.25 and 0.255, but for the past hour there have been constantly executed transactions over 1mil. And especially at 10:48am there is 2.5m up 0.05c.

    The net today will be definitely a buy if the trend continues.

    So what is their purpose? To me would be they are one of the reported bidders,and they are trying to press the price. So they can be benefited from the current SP in the negotiation and they will have more cheap stocks even they fails in bid. But looks like they know Centro will be saved. That's why their actions.
 
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