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clock Created with Sketch. 13/12/18
23:41
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Originally posted by roboshan
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As I try and understand it all, it appears this was a large block trade transacted through a broker after the closing auction. It would be a negotiated transfer between two parties at the agreed price of 64c per share. The buyer was obviously after a sizeable quantity that would not be readily available on the daily market without drying up available stock and/or causing a very sharp increase in price. The block trade price is not reported as the price at market close so without looking at after market transactions you would not know.
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Yes , well said . as of earlier in the year there is HSBC last holding 27.1 % Citicorp 13.89 % J P Morgan 11.29 % with Alan Gray recently down to 16.05 % with a few others at plus 5 % so could be anything going on for my mind, also it wouldn't surprise me if Alan Gray was a buyer . lets hope its a positive which I can guess it can only be ,but at the moment we are basing it on one figure in end of day sales .
(20min delay)
