Someone suggested it was to create the impression of intense activity by increasing the no. of trades. This get picked up by the monitoring system of trading software. By selling down to the buyers (even thu it is only a one dollar transaction), it creates the impression that there is massive selling going on and hopefully trigger the trading sofware monitor. I suppose this is important only to those who are holding Kings shares to trade. Otherwise, we take heart that someone out there is strategising how to flush out more sellers.
KMN Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
