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14-10-2020, 10:04 AM
#18451
Member
Up over 10%. Something coming?
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14-10-2020, 10:04 AM
#18452
Junior Member
$0.71 at opening, not a bad start
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14-10-2020, 10:05 AM
#18453
Member
Opened at $0.71, so a nice little gain. Let's see if it can test its 52 week high of $0.80 but I anticipate that's only going to happen on the back of a positive announcement from PEB.
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14-10-2020, 10:05 AM
#18454
Originally Posted by DDog
Up over 10%. Something coming?
Read post 18433
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14-10-2020, 10:06 AM
#18455
I am surprised the share price is up so much. I thought the index funds would have purchased in advance of the inclusion date
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14-10-2020, 10:14 AM
#18456
Member
Originally Posted by tango
I am surprised the share price is up so much. I thought the index funds would have purchased in advance of the inclusion date
They could have anticipated that PEB would replace MET, but I'm not sure that it was definitive until the NZX announcement yesterday - but I may be mistaken here.
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14-10-2020, 10:14 AM
#18457
They have all been caught on the back foot.
The inclusion is a bit earlier than was proposed and they hadn't positioned themselves to accommodate that by the looks of the reaction.
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14-10-2020, 10:30 AM
#18458
Member
Originally Posted by Minerbarejet
They have all been caught on the back foot.
The inclusion is a bit earlier than was proposed and they hadn't positioned themselves to accommodate that by the looks of the reaction.
Looks like funds are slowly digging in. Will be interesting close today.
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14-10-2020, 10:33 AM
#18459
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14-10-2020, 10:33 AM
#18460
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