'Well Fluff as you know OZL did an overnight " off-market raid " by stealth on SFR1 minute they own none and the next day they own 19.9% ? gotta love those nominee accounts ! LOL'
The above activity may be relevant to the artical in The Australian yesterday
"They are so called because they aim to move big lines of stock between institutional investors without going through the open, or "lit", market and without moving share prices -- a development that is taking hold in Australia after making progress overseas. ASIC yesterday unveiled a regulation that anyone operating a crossing system (which is what dark pools are) must file a nine-part report to ASIC about what it is planning, more than 20 days in advance, or face a $100,000 fine.
They must also register with ASIC once the new rules start operating next week.
CDU Price at posting:
$3.43 Sentiment: Buy Disclosure: Held
