CTP 0.00% 5.4¢ central petroleum limited

Re centralPetroleum, page-16

  1. 14 Posts.
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    Irish 87: At the beginning of the week the turnover was high but the share price was low. Assume you have a large number of shares in several different entity's. One could sell large numbers of shares to oneself, thus forcing down the price, so one could accumulate at an artificial low price If one's policy is of shameless self interest. There is no logical reason why anyone would sell large numbers a mere 3 weeks before D day. By Friday with the turnover now 3.3m and the price rising this method of accumulating is overwhelmed, even trading large volumes to yourself is unlikely to stem the tide, so I believe we have reached a breakout point.
 
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