Below is the daily record of Pollux's shared traded from 10 Feb 2014 ~ 20 Feb 2014.
10/2/2014, Trade Vol. = 0, Closed 0.073
11/2/2014, Trade Vol. = 0, Closed 0.073
12/2/2014, Trade Vol. = 0, Closed 0.073
13/2/2014, Trade Vol. = 100, Closed 0.074
14/2/2014, Trade Vol. = 230, Closed 0.077
17/2/2014, Trade Vol. = 367, Closed 0.084
18/2/2014, Trade Vol. = 0, Closed 0.084
19/2/2014, Trade Vol. = 0, Closed 0.084
20/2/2014, Trade Vol. = 0, Closed 0.084
SGX Buying-in Executed on February 20, 2014
POLLUX 33,000 S$ 2,904.00
http://infopub.sgx.com/FileOpen/Buying-I...eID=282648
SGX did a buy-in of 33,000 shares at 0.088 for Pollux Properties on the 20 Feb 2014.
For the past 10 days of trading, the share price have never gone above 0.084 and there is certainly no trade done on 20 Feb 2014. Why is there such a stealth trade where it had gone undetected and not reflected in the daily volume.
Is it some form of left to right pocket game and need not be reflected on the daily trading volume? Who would take the trouble to naked short a tightly cornered counter for a miserable 33 lots and what is the motive behind such a peculiar move.