So I presume it's a good thing that someone/an institutions was willing to drop over $300,000 in one parcel after hours and therefore implies that they don't think they could accumulate the same quantity at the same price on market in a reasonable time frame? If that's so it's incredibly bullish.
I've watched, invested in and traded small cap ASX stocks for years and I don't recall ever having seen any S2 XT or S3 XT trades before, and certainly not parcels of this size after market at the day's high. If you or anyone else can enlighten us any more as to their possible ramifications/implication I'd be grateful.
Equally if someone can give a reason as to why they're a bad thing, that'd also be interesting.
Cheers.
TA discussion, page-1406
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