These small "packet" trades were very similar to what I had observed with the Paladins (PDN) before it had that huge break-out past $3 last week. There were heaps of small parcels (same sized) of a few hundres shares (about 614? if i recall) going through - almost like baby bites. My best guess is that its basically traders (with unlimited trades) who are trying to influence the technical factors perhaps like weighted average, number of trader, etc. I am really quite a novice so cant comment further. All I work on is whether they are quality stocks. The way I see it, the OX is well run and well done to all the patient holders.
Did anyone read the article that talked about the OX generating margins (not revenue) of in excess USD$1 million a day at current prices? I can post it here if people are interested.
DT
OXR
oxiana limited
