AIR - Air NZ.

[mikeybycrikey]

Just on ASB securities depth and the last price was $1.80 and someone is selling a parcel of 38,000 for $1.75? Is this a mistake or are they deliberately trying to reduce the last price?

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

[777]

Just on ASB securities depth and the last price was $1.80 and someone is selling a parcel of 38,000 for $1.75? Is this a mistake or are they deliberately trying to reduce the last price?

Observe other stocks between 1645 and 1700 and you will see similar quotes. It happens at opening time as well. the settlement price is different. Normal practice every day morning and night.

[Traderwannabe]

Very interesting....thanks for the link

[Snow Leopard]

Nearly 1.4 million shares changed hands at $1.78 before open this morning.

Best Wishes
Paper Tiger

Disc: This is getting spooky

[BlackPeter]

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

[skid]

There you go---Must be someone else doing the selling

[winner69]

That 178 number does seem to be a mystical price

[King1212]

The SP is already down for almost 4 weeks...so certainly it will start to bounce back again....

[vin]

The SP is already down for almost 4 weeks...so certainly it will start to bounce back again....

^ Definitely not 'certainly'. Wouldn't surprise me if it went to $1.50, nobody knows. AIR has a mind of its own. (IMO)

[see weed]

The SP is already down for almost 4 weeks...so certainly it will start to bounce back again....

The quick and the dead. I just bought in at 1.77.