SYB symbion health limited

MAYWGR or MAYWGG?, page-8

  1. cerhob
    18,561 Posts.
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    28/04/02
    19:36
    Post #: 2088

    Bonkers

    "Last Tuesday between 12pm and close Merrills or their client/clients spent about $60,000 on MAY puts. The next day they were worth about $750,000. ASIC/ASX must investigate. That smell terrible. Reported in Friday's AFR.
    BK. "

    My typical warrant trade is around $5k so I'm not sure if $60k is a lot of money for Merrills in what is/was a heavily traded share. It could be the work of one broker on behalf of say, ten clients. On the other hand it sure would appear to be worth at least a cursory look.

    Regards
    SYB Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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