CTP 0.00% 4.8¢ central petroleum limited

palmer tipped to take bigger stake in central , page-5

  1. 24,386 Posts.
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    SnowKat,

    How can you say or assume that all of the 60million shares that were traded on that day went to CP lol.

    And what about the churns?? And then what about the ST Traders and the T+3 and Day Traders??
    That all adds up, and are included to the total of shares traded on the day. And those figures probably would include CP's initiated churns in order to make it looks like there are plenty of shareholders selling out, and hoping that while the tree was shacken, some of the riper fruits would fall to the ground and into his awaiting hands.

    It is amazing what these churnings can do to the nervous nellies. It really is.

    Now consider this. If CP was to have bought all of those huge amounts of shares that were traded each and every day over the last few weeks, wouldn't you think that CP would have owned by now at least 25% to 30% of CTP and even more.?

    Obviously not. Because, if he had, we would have seen by now a Substantial Holder's Notice.

    None of that, that I can remember, has happened.

    Buddy134
 
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