ESG 0.00% 86.5¢ eastern star gas limited

zarro what happens is he caps at .93 then lets the sellers build...

  1. 64 Posts.
    zarro what happens is he caps at .93 then lets the sellers build up underneath him then at the end of the day he buys up the shares below his cap of .93. Say you want to buy 500 000 shares if you went right out and bought those it would lift the price and you would pay more for your shares. If you cap it then buy up the sellers who come in under your cap then you buy at a lower price. If your cap gets hit it fine so long as you have enough shares to keep a lid on it. Have a look at the volume over a full days trade far more being sold under the cap then there are for sale at the caped price so if you buys in those volumes at say 90 then if your cap gets hit at 93 your still makin profit on the ones you baught at 90. Hope it makes sence
 
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