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7.14% 4.5¢ mindax limited

Just announced that Andrew bought 800k shares from Greg, at the...

  1. asdfghjkl32
    126 Posts.
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    11/08/09
    12:24
    Post #: 5492446
    Just announced that Andrew bought 800k shares from Greg, at the price of $0.5 per share, anyone got opinions on this?

    I'm pretty sure Andrew can easily buy 800k shares in the market at a much cheaper price since an unknown seller is eager to sell. This unknown seller was selling big lots at $0.49, now down to $0.45, I'm sure Andrew can see this... but why does he do the deal off-market instead?
    MDX Price at posting: 45.0¢ Sentiment: Hold Disclosure: Held
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