GFISBA volumes of note

[kr_pto]

Did anyone else see the massive 23mill GFISBA warrants traded this morning at 16? not sure if someone offloaded or loaded up. but that is some serious geared moola. brazen, is that you again? ;)
didnt know the market maker could handle that sort of volume in one trade (4 million per trade), unless it was by direct arrangement? anyone know how that works?

[SimonPB]

yip, that size would be discussed before hand, then it's just a matter fo enough volume in the underlying.

[kr_pto]

thanks. so i presume one cant read too much into the fact that it was at the bid not offer price at the time? i.e. since it was prearranged, may not sync up with the time of the spread on the warrant?

[SimonPB]

yip

[CE]

...and I guess STD Bank could not believe their luck !!!

[SimonPB]

luck ???

[SimonPB]

luck ???

[CE]

If you've been following my GFI postings...you will know that is only a joke. (by the way, how you doing B babes ?) GFI is not my favourite - hate the dog.

[kr_pto]

he he. slowly breading hate in me too. but at some point she is going to run hard. just starting to think we may all die waiting...

[101bn]

obviosly some big players involved. Now how strong will the run be?

[CE]

The dude who made the buy could be Zarpian ?

[SimonPB]

well then here's the really bad news. GFI may NEVER run hard ...

[kr_pto]

or it could have been a sell. but based on historical volumes i am also guessing it was a buy. but today not looking good at all. grr

[CE]

I got it !! It was some oak investing his mother-in-law's pension money !!

[kr_pto]

if i was a cynic (which i clearly am) i might think someone knows something we dont. mmm maybe a bit of insider trading happening? shock shock horror horror shock shock horror. at that's just the words of a song

[kr_pto]

or some oak with too much cash to burn burning his fingers at the same time.

[kr_pto]

or she may. guess we'll never know until she does or doesnt. just so long as we dont die trying to find out.

[#18]

On the Standard site for GFISBA I see only 6 trades at 09:19 with a total value of ~R3.8 million? Disappearing data?

[#19]

Sorry, I misread U said 23M warrants....