SP3 5.56% 1.7¢ spectur limited

I must add someone who has a truck load of shares! This has been...

  1. MG.
    4,383 Posts.
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    I must add someone who has a truck load of shares! This has been happening for months now. The volumes that needed to do something like this points to someone or a broker with massive number of accounts holding shares as well as a massive volume holding in total like 2 or 3 mil.It seems to have gone into top gear in the last few days. Its most likely someone who holds SP3 under so many names but in total must have say 2 or 3 mil shares in total. This is very likely why not much top 20 action is showing up as Melua pointed out. We need to figure out who has the means to do this, i.e.: access to hold 2 or 3 mil shares under so many accounts say 25k or 50K or 100K each and then off load them at will as they won't show up in Top 20. Var ious punters pointed out at a Melbourne source who is supposed to have bought on market 2 or 3 mil shares at 30c or so. Then the Q if it is that person or Firm doing this, what do they gain by selling below 30c. It beats me.
    Last edited by MG.: 21/03/18
 
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1.7¢
Change
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Mkt cap ! $4.942M
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1.7¢ 1.7¢ 1.7¢ $3.486K 205.0K

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No. Vol. Price($)
1 45460 1.7¢
 

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Price($) Vol. No.
1.9¢ 649122 4
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