XT = Cross trade between clients or traders who use the SAME broking house.
If a buyer wants 20M that aren't avaiable "on market", he can come to an agreement to buy the 20M from a seller who wants to get rid of that many.
The main thing is, the buyer "PAID UP". that means he reckons the sp has got topside in it from what he paid... ie: 5.9c.
You'd reckon he was a mug given how it's going today, but imagine if he'd put a 20M buy order on the screen....the sellers would evaporate and he'd finish up probably paying more.
I know of some holders of TAM who reckon it's the next big thing....pure speculation on my part, do NOT take as investment advice.
Once again, GL to all TAMites, chick
TAM Price at posting:
3.8¢ Sentiment: Hold Disclosure: Held
