Apologies then Starkougar,
I thought you might have been associated with the big boy(s) that are trying to play these games, based on the timing of your post.
I believe that 10m went across as a transfer from left hand to right hand.
You might be interested in an email I received from another person who knows tnc inside and out. I asked their permission to post this...
.....................
Oh Tangrams… why am I being drawn back to
commenting on this stock?
Just a few observations, one you picked up on..
The 3M line and the 7M line weren’t shown
on the market depth at 2.7.
It appears to my reading, an arrangement purchase,
which raises for an interested observer two questions:
1) Who had 7M shares
2) Who would have bought 7M shares
Well, up until last Friday you would have had
to have been a Top 5 shareholder to have 7M of the darlings.. LOL.. well except for those who got the 108 Million at 2.6c plus the Managing Director who got 22 Million at 0.5c issued last week…so.. either a top 10
holder sold out.. hmmm..is that long term support? or Transol management chose their 'preferred' clients REALLY well in the placement and so someone sold 7M shares for a 0.1 profit. (oops forgetting them free oppies of course!)
So.. was it a wash trade to give the appearance of volume? Or did someone get sloppy seconds on the share placement?
Well.. you be the judge.
Personally.. I think it was re-arranging the
deckchairs on the Titanic for the appearance
of volume and my opinion of current management hasn’t changed.
.....................
Cheers,
Tangrams
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Last
3.0¢ |
Change
0.001(3.45%) |
Mkt cap ! $26.26M |
Open | High | Low | Value | Volume |
3.0¢ | 3.0¢ | 2.9¢ | $18.93K | 635.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 473706 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 91885 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 442672 | 0.030 |
5 | 299950 | 0.029 |
4 | 271649 | 0.028 |
4 | 368148 | 0.027 |
2 | 61460 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 91885 | 2 |
0.035 | 140080 | 1 |
0.036 | 320000 | 3 |
0.037 | 67640 | 1 |
0.038 | 100000 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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TNC (ASX) Chart |