PEB - Pacific Edge Ltd

[winner69]

Still heading to that 105/110 zone which (technically) could define where price heading in the next 6 months or year

Go PEB, you good one

[NT001]

At 11am a whole bunch of trades went through for higgledy-piggledy numbers of shares at 95 cents, and adding up to exactly 150,000 shares, then two odd-numbered trades adding up to exactly 45,000 and then at 11.15 another two adding up to exactly 30,000. Is this normal?

[Minerbarejet]

Something must be happening behind closed doors... although there are no announcements... yet... can anyone enlighten us?

Seems to me that you have SP movement on no announcements the same as you have no SP movement when something is announced. Irrational market, how many times do you get what appear to be good announcements and the price drops, happens all the time, selling the fact I think someone called it.

[Minerbarejet]

At 11am a whole bunch of trades went through for higgledy-piggledy numbers of shares at 95 cents, and adding up to exactly 150,000 shares, then two odd-numbered trades adding up to exactly 45,000 and then at 11.15 another two adding up to exactly 30,000. Is this normal?

Plus the 45000 and the 30000 make exactly half the 150000.
Love a good conspiracy theory, could be the Illuminati at work

[barney]

With a sliding NZ dollar, anyone buying in US dollars is getting a good discount.

[samshields]

PEB is a leaky stock.
I just hope the price goes upwards.

Anyone know who the FMA are investigating for insider trading and the market manipulation?

[Minerbarejet]

PEB is a leaky stock.
I just hope the price goes upwards.

Anyone know who the FMA are investigating for insider trading and the market manipulation?

Very clever, assume you mean the method of sampling.

[Crystal Ball]

dont get me wrong, a bit of frenzy doesnt hurt and gets the punters blood flowing, its just that perhaps PEB is maturing a bit after last years gungho activity.
Noah fence.
Peace Sister

All good Minerarejet ! I am kinda enthusiastic about this one but Happy smokin' the peace pipe. ..... It is good to see peb heading in the right direction, that s for sure. :-)

[NT001]

Anyone know who the FMA are investigating for insider trading and the market manipulation?

The FMA repiort just issued is for the year ended June 30. As regards market manipulation, it said that during that year it looked into three complaints. Two were dealt with and the other is ongoing but was not identified.

The report stated that “Market manipulation is hard to detect (but) is one of our compliance priorities.”

It also emphasised that brokers are expected to assess whether trades may be manipulative, and to keep adequate records of client instructions so that transactions can be investigated if required. Essentially it seems that the rules are made by and administered in the first instance by NZX, which publishes its rules and expectations in this area.

[samshields]

The FMA repiort just issued is for the year ended June 30. As regards market manipulation, it said that during that year it looked into three complaints. Two were dealt with and the other is ongoing but was not identified.

The report stated that “Market manipulation is hard to detect (but) is one of our compliance priorities.”

It also emphasised that brokers are expected to assess whether trades may be manipulative, and to keep adequate records of client instructions so that transactions can be investigated if required. Essentially it seems that the rules are made by and administered in the first instance by NZX, which publishes its rules and expectations in this area.

Thanks NT001!
Hoping the last is identified at some stage.