So a reversal of the last weeks trade. Some serious volume on a drop..... hard to make head or tails of.
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So a reversal of the last weeks trade. Some serious volume on a drop..... hard to make head or tails of.
Crikey what happened there? End of day, over 5M shares and down 4%!
NZX50 rebalancing occurred at close of trade but like others I was very surprised by the weight of selling pressure. Maybe Australian institutions rebalancing ?
Yeah.....big sell orders at the close.
Attachment 12623
Still struggling to understand reballances..... end of the day all that matters is money in and money out of the index surely?
Why has oca been affected so dramatically
Takeover that was telling us about is off ....potential acquirer who had been accumulating threw in the towel :p:mellow::sleep::(:eek2::t_down: