ATM - A2 Milk Corporation Limited

[Nasi Goreng]

I wonder if 5pm seller will become 4pm seller in Oz?

[Harrie]

I think it starts trading at 12.15pm aussie time?

Yes I was aware of that GT. Was just looking at the depth before trading started 2:15pm our time
One buyer now at A$0.55. Seller in there at A$0.50, but big seller at A$0.51 and many more sellers now coming on board. Should settle around the A$0.51 mark...very interesting jostling for position. Someone is desperate to sell by the looks of it!

[Ginger_steps_]

Yes I was aware of that GT. Was just looking at the depth before trading started 2:15pm our time
One buyer now at A$0.55. Seller in there at A$0.50, but big seller at A$0.51 and many more sellers now coming on board. Should settle around the A$0.51 mark...very interesting jostling for position. Someone is desperate to sell by the looks of it!

My mistake - I meant to reply to See Weeds question.

[sb9]

1 bidder(4k) at 575c and other(10k) at 56c on ASX...hmm interesting

If they were to be true, the sp on this of ditch should close at 60c.

[Bilbo]

Are Milford Asset Mgmt listed under another name?

I think they use Tea Custodians

[iceman]

They are just making sure they get the shares that are for sale at 50c and 51c ! Right now all 230,000 shares for sale at 50 & 51c are taken.

1 bidder(4k) at 575c and other(10k) at 56c on ASX...hmm interesting

If they were to be true, the sp on this of ditch should close at 60c.

[Harrie]

They are just making sure they get the shares that are for sale at 50c and 51c ! Right now all 230,000 shares for sale at 50 & 51c are taken.

Yep agree with that iceman, although the sellers may adjust upwards closer to 2:15 NZ time. To be pitching there though shows that they are keen to sell, but by the same token there are obviously some really keen buyers prepared to pay what it takes to grab what they can. Still reckon around NZ$0.52 by end of Aussy trading day, unless seller moves away

[iceman]

No doubt there will be a few adjustments closer to opening. For a start those 3 sellers at 50c could change to 52 and get taken out as things stand at present ! It will be interesting to watch.

Yep agree with that iceman, although the sellers may adjust upwards closer to 2:15 NZ time. To be pitching there though shows that they are keen to sell, but by the same token there are obviously some really keen buyers prepared to pay what it takes to grab what they can. Still reckon around NZ$0.52 by end of Aussy trading day, unless seller moves away

[Harrie]

Jeepers this is really interesting. Buyers uped the buy price to A$0.575 and is met with sellers happy to sell at A$0.48.
Buyers could get ripped here. Depth doesn't give the full story but on the surface there are buyers for 112000 at A$0.55 and above but sellers of 383000 at A$0.55 and below

[drcjp]

ignorant question: how do they reconcile major differences on the two exchanges?