ATM - A2 Milk Corporation Limited

**Muppett** · 31-05-2018, 09:48 AM

Originally Posted by winner69

See the fundies been given heaps of extra time today to swap around their shares as part of the MSCI rebalancing

No doubt a fair amount of cooperation

How do you know this?
CBA loaded up yesterday 5m!

**Ggcc** · 31-05-2018, 09:53 AM

Let the fun games begin today 😊. I have my popcorn ready

**winner69** · 31-05-2018, 09:54 AM

Originally Posted by Beagle

Can you please give us some more detail about that mate ?

NZX wishes to remind market participants that extended trading will occur across the Main Board, Debt Market, NZAX and Fonterra Shareholders’ Market today, Thursday 31 May 2018.

Amendments are being made to accommodate the last trading date in advance of the MSCI semi-annual review.

Today trading will be extended per the below across each of the affected markets:

• the Pre-Close Session will be extended by 15 minutes, and will commence earlier at 4:30pm;

• the Adjust Session will be extended by 20 minutes, and will conclude at 5:50pm; and

• the Enquiry Session will consequently commence at 5:50pm.

If you have any questions please contact NZX Product Operations on +64 4 496 2853 or at: productoperations@nzx.com

Further information on the MSCI semi-annual review can be found at the link below:

**ratkin** · 31-05-2018, 09:58 AM

Might be a silly question but do the fundies have to pick up its shares from the NZ market.

**Sideshow Bob** · 31-05-2018, 10:07 AM

Over $11 already

**winner69** · 31-05-2018, 10:07 AM

Originally Posted by ratkin

Might be a silly question but do the fundies have to pick up its shares from the NZ market.

I don’t think so

For instance an A2 share is a A2 share ..doesn’t matter where bought

They ‘shunt’ shares across the Tasman quite a lot (according to Balance)

**Muppett** · 31-05-2018, 10:09 AM

Not a silly question.
Hopefully someone knows the answer.

On 29 May 2.4m traded on NZX, yet CBA picked up 4.4m ATM.
Doesn't seem like its from the ASX, but they probably swap funds around.

**winner69** · 31-05-2018, 10:09 AM

Originally Posted by Sideshow Bob

Over $11 already

So $12 here we come ......

**waterboy** · 31-05-2018, 10:12 AM

So far just a normal day at the office, maybe when asx opens it will get more interesting otherwise we can conclude that the buying was done over a longer period than just one day which doesn't seem like it would be in the funds best interests.