PLA 0.00% 6.7¢ platinum australia limited

dutch auction on close

  1. 1,245 Posts.
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    Was watching the trading all afternoon, and it looked like someone was accumulating.

    Then on close a whole lot of large random orders came on the market for the buy and sell. Around 2.5m ended up being traded at 10.5cents (up 5% for the day). It all seem very strange. Volume up.

    Perhaps this was an end of month thing (options/CFD's?) OR the beginning of something?

    Can any seasoned market players provide any further insight?

    Gus
 
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