T/A Chart Question...

[rowes]

Hi,

Hope this chart displays, what i was wondering was if anyone could share their evaluation of what happend on the day of the massive volume spike. I realise the reason could be anything but i dont really care why it happend just what it could signify. The reason i am a little confused is it would have made more sense to me had there been a huge price spike to go with the huge volume increase. if there isnt wouldnt that mean there where plenty of willing sellers happy to offload on the same day?

Thanks

 

[Sean K]

Hi,

Hope this chart displays, what i was wondering was if anyone could share their evaluation of what happend on the day of the massive volume spike. I realise the reason could be anything but i dont really care why it happend just what it could signify. The reason i am a little confused is it would have made more sense to me had there been a huge price spike to go with the huge volume increase. if there isnt wouldnt that mean there where plenty of willing sellers happy to offload on the same day?

Thanks

Might have been conversion of options. Go to the anns of the company and check what happened on that day perhaps. Might tell the story.

 

[rowes]

Sorry the relevant quantities in the volume didnt show up in the first chart.

 

[Sean K]

Sorry the relevant quantities in the volume didnt show up in the first chart.

So, what's the company Rowes, and what was ann'd on that day?

 

[rowes]

Your spot on the money Kennas,

it was a conversion of employee options, it was FMG.

Cheers for that.