CGX Energy Inc V.OYL

Share price

[taal]

Someone at BMO crossed a 100.000 share in two blocks

[zerbo]

movements behind the scenes 

[zerbo]

Looks like the crossover isn't over yet ? Someone any idea?

[westcanpride]

Does anyone know Level 2 quotes at the moment?  Looks like the money mangers got their wish and were able to get a big chunk of shares purchased at .50/.51 this morning.... or many of the trades were with the same bank, so maybe its just a person moving money between accounts for tax purposes? Who knows at this point.  Close to 200,000 shares are on the bid right now... so clearly

[Devanand1]

CGX Energy Inc. (CA:OYL) Size Bid Ask Size 55500 0.510 0.520 13000 58000 0.500 0.530 1000 19500 0.495 0.550 4000 12500 0.490 0.570 25000 21000 0.480 0.580 25000

[waitingstill]

Nice bids... Let's hope we hear something positive soon.

[westcanpride]

Thank you Devanand1. Its funny... take the two asks at .57 and .58 (50,000 total). Would cost $28,750 to buy these shares.  The current bid at .51 of 55,000 would cost $28,050. So really, we are talking like 5,000 shares difference if someone really wanted to buy into CGX for the ~$28,000 investment. Guess if people will sell to you, why pay the higher price... especially if your a MM