Australian (ASX) Stock Market Forum

Seven times average volume with no announcement?

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18 June 2006
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Hi Guys
Just wondering if there is any explanation for a Junior Oil company to be trading 7 times its usual volume on no announcement.

Any Ideas?
 
Plenty of potential explainations.

Just under half of the 4.3million shares traded were sold in a single parcel just after open.

Excluding that trade, the volume was only about twice normal volume. Perhaps it was just the large trade early in the day that stirred the hornet's nest.
 
xice said:
Hi Guys
Just wondering if there is any explanation for a Junior Oil company to be trading 7 times its usual volume on no announcement.

Any Ideas?

which company are u referring to?

thx

MS
 
yeah i meant COE.
IN yahoo finance i got:
Volume: 4,259,928
Avg Vol (3m): 611,661

DoctorJ, where would i find the info on the size of trades
 
xice

try stocknessmonster.com

left hand side instead of quotes put in trades and stock name sure youll work it out.

coe 2mill shares at 50c $1mill trade 12 for the day.

cheers any dramas let me know ;)
 
ah that would certainly affect the average trade.
is this information possible through yahoo finance?
 
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