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From: | "Nigel Wilson" <nj_wilson@hotmail.com> |
Date: | Sun, 25 Mar 2001 22:46:21 |
A massive order (267148663 shares, eg $66.8 million) went through at 10:13 at 25 cents!! I assume this is not an error. So, any explanation from other sharechatters is greatly appreciated. A subsequent trade at 33 cents was made at 10:38 (50,000) shares. Some-one can now drip feed sales at a VERY nice profit. Is this likely to happen? If so, the rise in this share price may be limited (IF there is a big seller who wants to sell $66 million of shares at a 32% easy profit).
I may be reading the situation completely wrong, so can someone please shed light on this whole thing?
(I hold some FFS shares)
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