OCI International Holdings Ltd. (DGTLF)

[EliteYoda]

Also interesting is the opening action on the HK 329 tonight. I think I finally can see how DGTLF works with HK 329, the action is next day and cumulative. For instance, DGTLF today had the following tape :

13:26:28 0.03 100000 OTO
13:23:30 0.02 152400 OTO

(only two transactions both SELLS, one at .02 and then another at .03 for a total of about 250K shares)
and tonight when the HK 329 opened, immediately there was volume of exactly 250K shares and pps at HKD$0.17 then normal HK trading resumed. I guess the trading in the DGTLF does matter however because HK 329 has 1.9B shares and DGTLF has only 92M shares the effect is almost nil, however when there is absolutely zero volume in the HK 329 and those DGTLF trades carry over it DOES show some very small affect; DGTLF makes up then about ~5% of the HK 329 share stake so volume in the DGTLF would have to be 20X larger than the intraday volume of the HK 329 in order for the tail to wag the dog, so to speak. But nominal HK 329 volume is about 2M shares at the very least so DGTLF would have to trade at least 40M (nearly half of the total DGTLF market cap of 92M shares) during a given day of trading in order to move the needle in the HK 329. And that would take roughly .03*40M= $1.2M buckaroos so good luck to anyone trying that. I guess we do not have to worry that buying or selling a couple hundred thousand shares will move HK 329 at all (next trading day). Interesting...

GLTA