Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: Re: How do 7,000,000 shares get traded after hours at the closing stock price

Pre-negotiated trades are very common on the OTCBB as well as other markets also. I view it as a good thing, a large block changing hands without effecting the market.It shows confidence that a buyer is willing to put up a nice chunk of change(2.8 MILLION)to add to or establish a position.It really is the only way to get such a large position without driving up the price.Sometimes the trades are done at market price,and sometimes they are done at above or below market price.

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