Yet another 2.2m shares crossed after market close:
06:47:04 PM 0.105 46,227
06:37:21 PM 0.105 269,836
06:20:52 PM 0.105 412,977
06:18:56 PM 0.105 1,483,951
I note that BoA was responsible for the last 5m cross-trade on the 23/11/2011 and announced to the market on 28/11/2011. But todays trading feels a bit different.
BoA also returned a heap of borrowed stock on the 23/11/2011 - I presume so the rightful owners could collect their rights on the 24/11/2011.
If BoA is behind these trades, then I expect we'll see another 'change in substantial shareholder' notice early next week. Otherwise we could assume that something else is a foot.
Also checked the rights (PLAR), but no additional trading there yet.
Gus
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