not going to break the bank if the buyers mop up the $3.06 as well
Given that I am new to this game - can you explain the strategy of listing 39, 57 shares? And maybe you could tell me what broker one would use whereby that is economical viable? Cheers
I see ... it becomes a little clearer. Thanks!
Business bakery now out, i'm guessing the selling pressure will ease off now?
There are 2 announcements for the Business Bakery.
SPH Notice - The Business Bakery L.P.
https://www.nzx.com/announcements/319102
SPH Notice - Baker Investment Trust No 2
https://www.nzx.com/announcements/319105
First one says: Details of the transactions or other events requiring disclosure: In specie transfer of 8,461,723 shares held in TRA by The Business Bakery L.P. to its limited partners
Second one says: In specie distribution of shares in TRA held by The Business Bakery LP to its limited partners, including 2,464,124 shares to the trustees of the Baker Investment Trust No 2
Doesn't look like they're selling their shares on market, but rather transferring of shares around. Who are these limited partners I wonder?
Our friend Mark says NZX going gangbusters
Turners a laggard ...an undernperformer
Possibly a case of just a strong market dragging stocks like Turners up (the rising tide thingie) ...fundamentals don’t deserve much more
Mark Lister (@MarkListerNZ)
8/06/18, 8:49 AM
The NZX 50 is up 3.05% so far this week, with one day to go. If it holds onto those gains this will be the best week since July 2016.