Did some research on the P1 XT transaction code ... ASX says it is for a cross trade / transfer transaction ...
So, by checking recent announcements from a particular large holder, selling shares on behalf of their clients at higher sp prices between 0.23 and 0.30 ...., it appears that the same people or someone else ... a broker? .... bought a lot of shares (at lower prices) and are now transferring them to their respective clients ...
Not to mention that after that 10 500 000 shares transfer I published earlier, many thousands have been bought at 0.21 without even being on offer to the public ... ;-)
IMHO it indicates clearly that we have reached a bottom for this share and that "people" have decided to stop playing with it and are taking it seriously as a company that is/will be back on track soon ...
No one buys 10.500 million shares for no apparent reason.....
Time to jump in? Time to jump out? Your decision!
- Forums
- ASX - By Stock
- SRF
- 10 million shares changing hands at 0.210 ?
10 million shares changing hands at 0.210 ?, page-5
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SRF (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
NXD
NEXTED GROUP LIMITED
Nick Poll, Managing Director
Nick Poll
Managing Director
SPONSORED BY The Market Online