DES 4.26% 9.0¢ desoto resources limited

horrible, page-3

  1. 6,676 Posts.
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    G'day people,

    Hmmm, 46 trades. Heres my two bobs worth. I reckon these trades (below) are mostly likely the one person.

    This -

    10:12:57 0.2600 99,868 25,965.68
    10:12:57 0.2600 3,500 910.00
    10:12:57 0.2600 13,461 3,499.86
    10:12:57 0.2600 15,000 3,900.00
    10:12:57 0.2600 20,000 5,200.00
    10:12:57 0.2600 13,171 3,424.46

    and this

    11:32:35 0.2500 42,000 10,500.00
    11:32:35 0.2500 86,039 21,509.75
    11:32:35 0.2500 20,000 5,000.00
    11:32:35 0.2500 3,461 865.25
    11:32:35 0.2500 30,000 7,500.00
    11:32:35 0.2500 10,000 2,500.00
    11:32:35 0.2500 25,000 6,250.00
    11:32:35 0.2500 7,000 1,750.00
    11:32:35 0.2550 100,000 25,500.00
    11:32:35 0.2550 12,000 3,060.00
    11:32:35 0.2550 6,500 1,657.50

    and

    11:40:04 0.2500 225,000 56,250.00
    11:40:04 0.2500 36,961 9,240.25


    Now the question is was he/she a buyer or a seller???

    That totals a neat 722,000, I suspect they may have unloaded/bought more, taking it to 750 or 1m. Which would account for the bulk of the turnover.

    last time it traded over a Million was on the 3D Oyster deal 11/10/07 however on the 4/10 and 16 Aug the volumes was up on nothing overly exciting.

    So todays trading could be nothing?.

    Change in Directors interest maybe?

    If it was a "buyer", then I'd have to say its a leak (good) with one or two individuals buying up, hoping not to make a scene.

    The climb in price at 11:32 course of sales buy half a cent makes me think this was a "buy at market" order.

    Would have liked to have watch the market depth today, to help me make up my mind.

    I am keen on the current prices too, and have been thinking of buying more.

    Tomorrow will be interesting

    That be my thoughts.

    Cheers

    Oscar












 
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