KBL 0.00% 0.1¢ kbl mining limited

Volume, & # of trades on 06 Sep

  1. 366 Posts.
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    Has anyone noticed – from Commsec’s still accessible Course of Sales page for yesterday (06 Sep) – that of the 354m shares traded for the day (a record, + almost double the day's vol on 17 Aug, & which number always excludes Chi-X trades) that the 1st 273 trades all occurred @ 11.20.00am precisely, being 272.5m @ $0.002 = $545k.    Given the significance of this outlay tells me that probably more than 1 buying trader alone is not expecting the company to “fold”. What do others think??
    The remaining 101 trades – of 82m – almost all occurred as “Centrepoint”’s (CXXT’s) – i.e. where Commsec did the trades @ the mid-point of the obligatory BP or SP per share customers are obliged to order at, and thus, BTW, which customers have no control over. The value of these 101 trades equalled $126k, @ an av. of $0.0015/share. So who was buying them? A DT or 2?, punting on selling them in a few days @ hopefully $0.002 per share? or on waiting for a T/O @ $0.002 to eventuate?
 
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Currently unlisted public company.

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