Yes, looks like smaller holders getting the christmas spooks and extra funds for their holidays. Mainly smaller holders selling 5,000 to 10,000 each. Getting close to top up time again. Not too worried, my av price is .609c.
Printable View
No the sales were not in rounded multi-thousand lots like that but there were some oddities in among the transactions. For example in the quarter-hour between 16.23pm and 16.38pm there were six trades of exactly 4,009 ATM shares each (interspersed among others). Why would that be? And at 16.40pm there were three trades of 772 shares, and at 16.41pm there were three trades of 596 shares each. Several other instances of the same kind of thing. Can anyone explain?
There were a total of 135 trades for the day and all except seven occurred after 3pm.
How do you know a large seller is in control of a companies SP?
They announce virtually doubling their growth in their main market, SP retreats.
Sorry, just annoyed at the lack of traction from such a promising company!
Insto sell allotment of the day being broken down into smaller lots to get best market price and not to swamp the market. As broker rates do not apply per sale it doesn't matter how many trades they do. Could be an insto testing buy strength as well. All just one big, hidden chess game...
Your avg buy in price is 1.4c below me see weed. I'm underwater at the mo.
I'm getting the distinct impression that the selling is coming out of Aussie. NZ FMA legislation arounf SSH disclosure requires immediate, or as soon as practical notification but this can't be enforced against Aussy investors unless there is reciprocal transtasman arrangements. I'm only guessing but if there is a big Auusy insto selling which has more than 5% of the company shares, the disclosure could be being witheld until a more appropriate time.
Sue as eggs its 3pm and come on in big seller! Its got to be insto selling doesn't it? Its becoming pretty predictable.
I reckon they are happy to get anything above 0.59c until they are all sold.