These guys are selling very small portions. In this case 4%
I wouldnt read too much into it.
These guys are selling very small portions. In this case 4%
I wouldnt read too much into it.
Depends upon your perspective and bias ...like I said if they think cashing out at $ 4.68 is prudent to earning 8% gross etc etc then maybe they are right that at that time it was right time to unload ...Yes like Muse said they may plan to come back when its more opportune ...ie they expect to get that chance then why not US think that way too ...get out and try to come back when the time is more opportune ...like more knowledgeable people doing ...surely they know better then US or maybe only me ...:D
PS : If nothing else they sure did spoil Mr B's $ 5 boat party ...my bad luck as I hoped to enjoy it ...boat and drinks and stocks
stock overvalued based on coming slowdown in used car sales
In W69 book and mind ...right strategy was SELL all TRA and BUY BRM ....lol ...but he never gives his true mind or thoughts ...U need to second guess it ...I think I have made my guess ...:p
Feeble attempt to keep SP above $ 4.50 seems to have run out of ammunition ...irrespective 6 Cents divvy coming for buyers next month !!
$ 4.30 is reasonable qty buyer and then $ 4 has a big qty buyer ...who can that be ??
Any new investment in NZG / FNZ / MDZ will surely will be new investment in TRA now onwards ....superlife default KiwiSaver has big allocation to NZG ...new contributions to their KiwiSaver funds will be continuous source of buyers in TRA now onwards ...so almost sure demand only if supply is not from INSIDERS trying to buy new models of Ferrari ...:confused:
https://www.nzx.com/announcements/423747
Matthew becoming a Ferrari owner too.?
Buyer currently at $4.30 is me under a couple of hats, retrieving shares sold last week at $4.75. The record date for the quarterly dividend is 9 January so should catch that under DRIP in due course if I fill early.
Grant clearly could have sold more, and it doesn't seem other insiders were moved to exit all or part of their holdings on the bubble. Yield is good at that price, and underlying prospects for growth are still reasonable, so I am dipping a toe in the water again. Entries with any listed holding are always a bit fraught but I am willing to be proved wrong.