ASX seems a lot more illiquid, so maybe harder to get rid of. Only thing I can think of
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ASX seems a lot more illiquid, so maybe harder to get rid of. Only thing I can think of
Something up ? Another 20m shares bought and 0.003 almost gone now, less than 1m left
/edit now gone and with 10m shares on the buy side at .003
With the quarterly to 31 December due out by the end of January I think, (correct me if I am wrong) that would preclude Directors or management from buying any shares I would have thought. So I don't think we will see disclosures unless a shareholder got over the 5% mark but these volumes, although significant for NTL are not that large in the SSH scheme of things.
Biggest % increase on NZX so far today ?
Has a hidden motherlode been discovered already somewhere or has the former CEO
finally woken up to having left something good behind ? ;)
Still all quiet on the Rights Issue conditions after the announcement it would be mid January. Also no disclosures released on the recent larger than usual buys so one assumes they are from non directors and not Hamish. With the December quarterly due at the end of January we will know soon whether there is a reason for the delay. Possibly just post Xmas Break admin delays but also possibly further consideration is now underway as to the price and timing of a cash raise?
Looks like a decent 50 million + wanting to be unloaded in OZ
The balloon looks to have already gone up and wind has fallen out of the sails over the way ;)
If things get desperate it might turn into a 1/10 of a cent bun scramble for a bit of the action ;)