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  1. #2361
    Legend minimoke's Avatar
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    Quote Originally Posted by percy View Post
    Well well well.?
    Looks as though this seller of 200 shares will be gone on the open today.! ..
    not going to break the bank if the buyers mop up the $3.06 as well

  2. #2362
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    Given that I am new to this game - can you explain the strategy of listing 39, 57 shares? And maybe you could tell me what broker one would use whereby that is economical viable? Cheers

  3. #2363
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by Timesurfer View Post
    Given that I am new to this game - can you explain the strategy of listing 39, 57 shares? And maybe you could tell me what broker one would use whereby that is economical viable? Cheers
    Just robots trading and trying to manipulate the share price, triggering stop losses and similar ... and no, they pay significantly lower trading fees than you and I
    Last edited by BlackPeter; 08-06-2018 at 10:13 AM. Reason: fixed finger trouble ...
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  4. #2364
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    I see ... it becomes a little clearer. Thanks!

  5. #2365
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    Business bakery now out, i'm guessing the selling pressure will ease off now?

  6. #2366
    Speedy Az winner69's Avatar
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    Quote Originally Posted by JoeGrogan View Post
    Business bakery now out, i'm guessing the selling pressure will ease off now?
    What’s the announcement that followed say?
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  7. #2367
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    There are 2 announcements for the Business Bakery.

    SPH Notice - The Business Bakery L.P.
    https://www.nzx.com/announcements/319102

    SPH Notice - Baker Investment Trust No 2
    https://www.nzx.com/announcements/319105

    First one says: Details of the transactions or other events requiring disclosure: In specie transfer of 8,461,723 shares held in TRA by The Business Bakery L.P. to its limited partners

    Second one says: In specie distribution of shares in TRA held by The Business Bakery LP to its limited partners, including 2,464,124 shares to the trustees of the Baker Investment Trust No 2

    Doesn't look like they're selling their shares on market, but rather transferring of shares around. Who are these limited partners I wonder?

  8. #2368
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    Quote Originally Posted by winner69 View Post
    What’s the announcement that followed say?
    yeah just saw that lol, so they just transferred half to a different trust?

  9. #2369
    Speedy Az winner69's Avatar
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    Our friend Mark says NZX going gangbusters

    Turners a laggard ...an undernperformer

    Possibly a case of just a strong market dragging stocks like Turners up (the rising tide thingie) ...fundamentals don’t deserve much more

    Mark Lister (@MarkListerNZ)
    8/06/18, 8:49 AM
    The NZX 50 is up 3.05% so far this week, with one day to go. If it holds onto those gains this will be the best week since July 2016.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  10. #2370
    Speedy Az winner69's Avatar
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    Quote Originally Posted by JayRiggs View Post


    Doesn't look like they're selling their shares on market, but rather transferring of shares around. Who are these limited partners I wonder?
    Geoff Ross, Steve Sinclair and Grant Baker
    Last edited by winner69; 08-06-2018 at 10:17 AM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

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