PLA 0.00% 6.7¢ platinum australia limited

dutch auction on close, page-4

  1. 1,245 Posts.
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    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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