PPRuNe Forums - View Single Post - Merged: Virgin Blue Share Price - how low can it go and for how long?
Old 24th Aug 2008, 20:34
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Betsy
 
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Betsy wrote:
Of particular interest was some 16 million shares changed hands at closing of trading yesterday at 48-49 cents. That's some 1.5% of the company. Who could the buyer be??
Oracle,

Did you mean this? Panic selling of 16 million+ shares?

It seems to me the trade was purposely timed between the seller and buyer - if someone dumped 16 million+ DJ shares and there was no buyer the share price would've closed way below 48 cents. Could that buyer be Sir Richard? Temasek? QF?
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