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  1. #4111
    percy
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    Quote Originally Posted by Snoopy View Post
    That sounds like a strategy for the super patient. It is the digital age now and there is no reason why each individual car sale can't be put on a database in real time. It is only one step then to derive the profit from each sale and reward shareholders with a consummate micro-dividend worth fractions of a cent on each sale. Then you guys could sit glued to your internet bank accounts, potentially watching hundreds of TRA dividends come in per day.....

    SNOOPY
    You have a point.
    A few months ago I had Turners ads poping up all the time saying "Since you last looked Turners have brought another 100 cars."
    I did suggest to Todd, shareholders would much prefer "Since you last looked Turners have SOLD another 100 cars."!!..lol.

  2. #4112
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    Plenty of sellers behind the scenes at $2.33, none have been offered up at this price on the sell line.

  3. #4113
    Member
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    Quote Originally Posted by couta1 View Post
    Plenty of sellers behind the scenes at $2.33, none have been offered up at this price on the sell line.
    Yeah, I find it interesting that it is all happening behind the scenes too. That transaction of 180,000 was even more interesting.

  4. #4114
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    Quote Originally Posted by Mickey View Post
    Yeah, I find it interesting that it is all happening behind the scenes too. That transaction of 180,000 was even more interesting.
    No sp beside trade so was not done off market but rather in house by FNZC.

  5. #4115
    Guru
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    Quote Originally Posted by couta1 View Post
    No sp beside trade so was not done off market but rather in house by FNZC.
    How do you know it was FNZN couta1? Or are you on one side of the trade?

  6. #4116
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    Quote Originally Posted by blackcap View Post
    How do you know it was FNZN couta1? Or are you on one side of the trade?
    Seemed logical since they are buying the shares back on market on behalf of TRA.

  7. #4117
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    Quote Originally Posted by couta1 View Post
    Seemed logical since they are buying the shares back on market on behalf of TRA.
    I doubt they would be buying 180,000 in one chunk. That said, lets wait till tomorrow to see how many they bought back. I'm pretty sure its not part of the buyback. Total volume today is about 274K shares. They do not want to buy more than about 1/4 or 1/3 of daily volume.

    That said it might still be FNZN or any other broker, but for a client and not TRA.

  8. #4118
    Speedy Az winner69's Avatar
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    Baker topping up .....FNZC found a buyer for him

    Just speculation
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  9. #4119
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    Quote Originally Posted by winner69 View Post
    Baker topping up .....FNZC found a buyer for him

    Just speculation
    Well his dividend did come in today so he will have the $.

  10. #4120
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    Couta1,

    Seems you were right and I was wrong. Good call. Good to see FNZC keeping them on their toes so to speak.

    http://nzx-prod-s7fsd7f98s.s3-websit...983/294245.pdf


    I forgot about this rule and thought it was daily but I see it is weekly, so there can be aberrations from the 30% on a daily basis: "it is intended that the purchases by Turners over a one week period will not exceed 30% of the volume of Shares traded over that one week period."
    Last edited by blackcap; 31-01-2019 at 08:17 AM.

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