Lol yes okay $5.22 even I would consider. BUy some more TWR or BRW maybe
I cant see it going over 5 bucks
Yes that seems the impression at the moment ...though I am also not in the sell camp even at $ 4.85 ....it surely will be more next year
But imo its Friday match will be very interesting and big POP can happen as total trading so far after announcement is just over a Mil @ $ 4.75 ...requirement of Friday is 2.2 Mil ...still some shortfall to accommodate ...thus need entice people like US
Tmrw shud see more then 2 mil to total weeks 3 mil ...Bull please note !!!
A number of shares left on the table again at the close at $4.80 and below not a good sign in my opinion.
Do your calculations take account of the fact that TRA was in the small cap index previously and is transferred out from that index contemporaneously, so wouldn't shares simply be swapped (at market) from one index fund to the other? And vice versa for PEB and Synlait? So actual pressure to acquire on-market could be less?
Where are the 2 mil shares coming from when there are only about 140 k (~$677k) on the Ask and they're all under $4.92?
I will let the tmrw's closing answer that for u mate ...also I am not forecasting any SP here ...just volume as can be clear from my post
All index funds buy their requirements in the final match session of last day so that to get stock at closing price of index balancing day ...please watch the orders flooding from 4.45 pm ...then of course will be supplies ...but total vol will be over 2 Mil for tmrw ...and that was only I mentioned ...no price forecasting mate
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