and for the rest of the day, I am going to pay particular attention to your posts and point out to the folks at home if it's wrong
let's call it "nasabear day" :)
"x trades... as when both the buyer and the seller are clients of the same asset manager"
ummm... you mean broker. when the buyer and seller are executing thru the same broker, and no, no-one is getting shafted, especially when the transaction is occuring at the prevailing market price.
lets say comsec customer A decided to sell on market, but comsec customer B has the highest bidding price
guess what? it's a "cross trade"
there are all sorts of cross trade type, but what is happening to ROB today appears to just be ordinary buying and selling from the same broker
"I think a game is being played here." another tip folks, it's the price is falling, the sellers are more keen than the buyers. hard to call it accumulating. (a regular HC claim).
"Obviously they know about more announcements anyway....I have never seen this before." if you haven't seen a cross trade before, ummm, you should get out more
lastly...
"The Fundamentals have not magically changed here" that's right, it's still a $3m project, with a consolidation and raising to come, trading at $16m
ROB Price at posting:
1.8¢ Sentiment: None Disclosure: Not Held