LCG 0.00% 6.0¢ living cities development group limited

Ann: General Update , page-18

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  1. 1,972 Posts.
    One thing I can say about the top 20 and that is it is only a guide! It appears that people using non Chess accounts do not appear on the radar. I use IB as one of 3 trading accounts and have over 2M shares in just the IB account but do not appear in the top 20. How many others are in the same boat? Yesterday we saw someone place a 2M share buy order at 5c and then buy approx 1.5m shares at 5.2c. That buyer should appear in the top 20 now if they were not already part of the top 20. Of note is that Springtree did not appear in the top 20 so should have had less than 1m shares as at 29 Feb. Therefore we have a new aggressive seller who does not mind pushing the price down to exit. Over the last 4 trading days there has been over 3.5M shares sold so the seller is definately a top 20 holder. It appears that so far this seller is not willing to sell below 5.2c but today's another day!
 
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