Most Major shareholders are long termers, studying the sell pattern over the last few weeks, it's predominantly small holders selling, have a look at the depth chart today as an example.
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[QUOTE=Joshuatree;669735]I'm pretty ignorant there re time frames of reporting SSH except when one goes over or under 5% don't they have to announce straight away
Notices are required to be lodged "immediately" the information becomes available. Interpretation of this term seems to vary!
https://fma.govt.nz/assets/Reports/1...isclosures.pdf
Im thinking an Insto maybe feeding them in in small odd parcels and has been for some time. Maybe the only way they can quietly, slowly exit . Liquidity isn't great for a big stock on the NZX. If its small holders selling down well are they smarter than us:)? Just a thought ; no real evidence there.
http://www.4-traders.com/SUMMERSET-G...438/consensus/ Average broker valuation $5.60
Just curious, should something go wrong with the plumbing in your Summerset unit, who pays for the repairs, had a plumber here today , he told me they do a lot of work for Summerset. Assuming it's repairs as no new Summerset building going on here.
I think they need to recruit in-house plumbers. Cost to hire a plumber in Auckland is atrocious.