Everythings taking a hammering at the moment, with the election uncertainty combined with the North Korean nutter.As is sometimes the case, the SP drop exceeds the value of the dividend by a significant margin.
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Keeps seeing these small sales volumes popping up, cannot cut & paste here...
But when it hits 3.245 someone jumps in with a sell at 3.235 of around 300 shares.
Someone capping here???
Interesting - Fyfe and Air Canada
https://www.stuff.co.nz/business/969...airlines-board
That Parton pretty clever guy
Collects the dividend and sells a bundle at $3.50
Think he picked the top last time around as well.
Its just one guy selling, and the shares have already fallen 25 cents in the pre-election uncertainty and its by no means whatsoever the only share coming under pressure. Even fairly safe and predictable shares like HBL have copped a beating over the last week.
Who would know, do you? Irrelevant really, insiders forced to broadcast their trades, just follow the money. They're consistently correct on the trend, and particularly the turning points. Would be stupid to ignore the insiders. Few stocks are so prone to insider sentiment.