HDR hardman resources limited

re: turnover - massive 22 mio - confused Hi Cap Deutch bought...

  1. 1,564 Posts.
    re: turnover - massive 22 mio - confused Hi Cap
    Deutch bought them then sold most of them 1/2cent higher before open.

    That left them with about 8 million that they presumaly sold around $1.80 region on market thoughout the day.

    the good thing was the majority of them went through in 2 parcels with one buyer appearing to have bought about 57 mil shares.

    Lets hope its b/g but if it is a predator they may have masked the buy by using an investment bank as a holding entity ? that way they can accumulate up to a further 5% without lodging a substantial share holder notice thereby staying under the radar ?

    Pure speculation on my part of course but it is feasable ?

    Cheers Hoot
 
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