TRA - Turners Automotive Group

[Basil]

I suggest you re-read the first sentence of my post again.  I didn't buy yesterday as you have suggested. I bought the day before on the close at $7.15 when some seller dumped a block of shares at 15 cents less than the pre-close match price session.

Closing match prices can move around a bit from time to time in both directions for all shares, often when a large seller or buyer wants to execute at volume.  That's not unusual.

Invest Direct which is the platform I use has such really tight controls around limit price sell or buy  orders that are somewhat different to the prevailing market price they make it unnecessarily difficult to execute transactions sometimes. 

[LoungeLizard]

No matter how you cut it, the SP of low liquidity stocks can be drastically altered by a handful of orders for very low amounts. What is unusual is that orders that are drastically different from the average of the day very often occur at closing times. Banks and trading platforms are required to report any suspicious trading activity to the FMA but in sleepy, complacent NZ I suspect a lot of this activity goes on undetected.