You are saying, that
- you are happy (makes sort of sense)
- you are long (well, yes, might be - but how is this relevant?) and
- you are old (are you really?)
Are you?
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"Prediction is very difficult, especially about the future" (Niels Bohr)
Trading pretty resilient in the 429-430 range in an otherwise overall weak market. Hopefully Milford finished selling most of their stake and no one else wants to sell. Nice place to be in.
Trading pretty resilient in the 429-430 range in an otherwise overall weak market. Hopefully Milford finished selling most of their stake and no one else wants to sell. Nice place to be in.
I wouldn't mind buying those shares being sold in that range...
- Milford selling their remaining holding in hurry (less likely)
- Market pushing price lower for better a DRIP price since its gone ex-div on 4th and DRIP price is determined based on 5 day Weighted ave price post that date less 2% discount (more likely this one).
- Milford selling their remaining holding in hurry (less likely)
- Market pushing price lower for better a DRIP price since its gone ex-div on 4th and DRIP price is determined based on 5 day Weighted ave price post that date less 2% discount (more likely this one).
Selling and pushing price lower to get a better DRP price. Often cited as a reason for movements in stocks like today
But is this actually a common practice / strategy? Or just a theory?
Wonder if any evidence exists to say this happens ?
I have no idea but genuinely interested ..maybe an opportunity
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
- Milford selling their remaining holding in hurry (less likely)
- Market pushing price lower for better a DRIP price since its gone ex-div on 4th and DRIP price is determined based on 5 day Weighted ave price post that date less 2% discount (more likely this one).
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Originally Posted by golden city
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