Quote Originally Posted by Scrunch View Post
Huge volumes in the end of May readjustments for FBU. $290m (83m shares) traded today. With a market cap of $2.89b that's 10% of the company!! The 5-year direct broking chart indicates no other day has been above 15m shares so this is way bigger than normal, even for the end of month/quarter readjustments. I wonder if its just insto's doing their readjustments on steriods or something more interesting?
Up more than 5% on ASX y'day to close at 3.55 AU which is about 3.83 NZ, see if it gaps up on open here today...