Ebos Limited EBO

[macduffy]

....have the Aussies woken up to EBOS ? Is their interest what has driven the price up ?

Not according to yesterday's Aussie trading. No EBO sales, as far as I could tell.

[percy]

Not according to yesterday's Aussie trading. No EBO sales, as far as I could tell.

Posted in good faith.
I think the Aussie's have to buy their shares here,then they can transfer them onto the Australian register.
So it may be some time before we see volumes being traded in Aussie.

[winner69]

Posted in good faith.
I think the Aussie's have to buy their shares here,then they can transfer them onto the Australian register.
So it may be some time before we see volumes being traded in Aussie.

Why be dual listed then?

I think brokers 'shunt' shares back and forth across the Tasman in line with demand in each country.

Think if somebody wants 10,000 shares on ASX the brokers 'shunt' 10,000 from the sells from NZX. That's how it was explained to me once

[RTM]

...should have checked I guess. Agreed. Does not look like it is driven out of Australia at all looking at Supercharts in ANZ.

Not according to yesterday's Aussie trading. No EBO sales, as far as I could tell.

[macduffy]

Posted in good faith.
I think the Aussie's have to buy their shares here,then they can transfer them onto the Australian register.
So it may be some time before we see volumes being traded in Aussie.

Yes, good point, percy.

Apart from the 58m shares issued to Zuellig for the Symbion takeover, the number of shares held on the Aussie register is probably still quite small.

[RTM]

Yes, good point, percy.

Apart from the 58m shares issued to Zuellig for the Symbion takeover, the number of shares held on the Aussie register is probably still quite small.

Thanks for explaining that.

[percy]

As at 31st July Sybos holdings [Zuellig] held 60,275,458 shares or 40%.On the 12th October they held the same number.
on 25th September JP Morgan Nominees Australia held 109,901 and increased their holding to 565,452 shares as at the 12th October.
On 25th September National Nominees Ltd [take that as Aussie] held 72,180 and increased their holding to 396,507 as at the 12th October..
As the seller is hidden in NZ Central Securities Depository, it is impossible for me to work out who it is.
However we are starting to see buying interest from Aussie.

[percy]

Ebos finished today at $13.74 on $3.5mil worth of shares traded in NZ.Rising share price on large volumes.[for EBO].
I note 174,000 shares were traded in Aussie,although I expect the 100,000 at a$12.78887 had s3xt after them,so I expect they came from NZ.

[black knat]

$14! how about that!

[percy]

Absolutely Stunning.!!