Our seller has a name finally:
https://www.anzsecurities.co.nz/Dire...spx?id=3740884
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Our seller has a name finally:
https://www.anzsecurities.co.nz/Dire...spx?id=3740884
Yes finally . end of may is when things started to drop fast.
whats with this kind of stuff? Can anyone educate me on why this occurs repeatedly.
30-Sep-2014 AMP Capital Investors
(NZ) Limited Share acquisition $1,207,129.64 2,081,258 2,081,258
30-Sep-2014 AMP Capital Investors
(NZ) Limited Share disposal $-1,207,129.64 -2,081,258 -2,081,258
OK so ANZ have just dumped 14.3 million shares onto the market. They have only got another 37 mil to go!
Suspect as I have been saying that its a mandate requirement...too much exposure in a relatively illiquid investment, trustees not happy etc etc
We should get a fairly good indication over the next week or two whether the selling has stopped there or they are going to continue.
The real issue is that originally at 7.7% of total shareholding you would expect that as part of their due diligence they would have courted some discussion with ATM over future prospects....is it those discussions or just a more conservative stance on "growth" assets?
Who has been buying?
I’d be interested Harrie if you have any further gauges for the UK.
We haven’t seen an increase in the number of a2 farms, still twenty, but many of those may be in the process of conversion as demand requires.
Certainly the average retail price is much higher now well into the HY15 reporting period, and the google trends thing is drifting up, it’s only an internet thing, but then ATM tell us it’s an internet marketing game in the UK.
It will be good to get some progress though, are you going to the AGM ?
Attachment 6435
http://www.google.co.nz/trends/explo...4%2010m&cmpt=q
14m shares accounted for. That's about 7% of the 180m-odd ATM shares traded since May. Still waiting.
And how sure can we be that AMP isn't just acting on instructions of a client?
AMP man busy filing forms out today .....lightening up on a lot of investments.
Was something about the future of AMP investment team in NZ, maybe those who have left were the culprits in buying so many dogs.
AMP man busy filing forms out today .....lightening up on a lot of investments.
Was something about the future of AMP investment team in NZ, maybe those who have left were the culprits in buying so many dogs.