GREY:RNKLF - Post by User
Comment by
ProfBaIthazaron Jun 23, 2019 2:46pm
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Post# 29853969
RE:RE:Can someone please explain this
RE:RE:Can someone please explain this
roberto146 wrote: Yahoo shows almost 37 million traded at 4:10 pm at 71 cents. I can't see a huge block sale on TSX, and the MOC shows somewhat over 120,000 shares - 13 odd lots and 12 board lots, all at .71. Keep in mind an MOC order is like a Market Order.
For the 32 million or 37 million, whatever it is, some high roller may have negotiated a sale of his big block ... and to get that block, big buyers are willing to pay more. Anyway, in my experience big moves in MOC closing prices tend to give up their gains the next trading day, but YMMV.