It's the pre-close auction. Happens every day, from 4:45pm. Have a look at this thread for more info: http://www.sharetrader.co.nz/showthr...selling-on-NZX
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It's the pre-close auction. Happens every day, from 4:45pm. Have a look at this thread for more info: http://www.sharetrader.co.nz/showthr...selling-on-NZX
Very interesting....thanks for the link :mellow:
Nearly 1.4 million shares changed hands at $1.78 before open this morning.
Best Wishes
Paper Tiger
Disc: This is getting spooky
If you happen to be that day in Christchurch and want to hear more from Tony Carter (AIR - board chair) - here is your opportunity:
http://www.sharetrader.co.nz/showthr...524#post639524
There you go---Must be someone else doing the selling:)
That 178 number does seem to be a mystical price
The SP is already down for almost 4 weeks...so certainly it will start to bounce back again....