BPO 0.00% 0.3¢ bioprospect limited

extraordinary volumes

  1. 500 Posts.
    Did anyone else find today's volume traded interesting?

    About 18 million went through at 4.10 pm, so my comsec account reports, at a price of 2c a share. That was just 2 trades. Now plenty more wen through, 22 million in total.

    Now ANZ owns what 118 million, which is say 25%. Back of the envelope calc tells me market cap is therefore 472 million. Lets say, as an absolutely rough calculation, that after 4pm today, 5% of the company changed hands.

    Nice little deal has been done, any ideas as to what/when/where/how?

    All speculations welcome!
 
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Currently unlisted public company.

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