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07-04-2020, 10:21 AM
#1991
Originally Posted by Joshuatree
MEL went x divi on the 30th march.
Correct....... I was referring to the quick daily up/down SP fluctuations
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07-04-2020, 05:28 PM
#1992
Originally Posted by dreamcatcher
Correct....... I was referring to the quick daily up/down SP fluctuations
Yep, did it again today too, up 31c at one point before ending back down at the opening price.
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07-04-2020, 09:07 PM
#1993
Member
Originally Posted by Cyclical
Yep, did it again today too, up 31c at one point before ending back down at the opening price.
It's not happening to MEL solely. CEN up at $6 until 2pm - then finished at 5.71 (down 6 on the previous day.)
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07-04-2020, 09:17 PM
#1994
Originally Posted by Cyclical
Yep, did it again today too, up 31c at one point before ending back down at the opening price.
Well done........... with the divvies the Power-Boys pay prices will never stay down for long
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07-04-2020, 10:15 PM
#1995
Been manipulated for a while with often the largest vol right at the end of day.
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07-04-2020, 10:34 PM
#1996
Originally Posted by Joshuatree
Been manipulated for a while with often the largest vol right at the end of day.
Yes - it seems so - definitely a pattern of large parcels unloaded in past 5 days - 1st 2nd 3rd 6th & 7th -- all have bundles of between 500k & 700k shares dropped into the market around 4.55pm - 5.00 pm
And a parcel of 2.86 million dropped around 4.55 pm on 31 March too
does anyone have access to trades through the day back before 31 Mar to see if similar trading patterns before then ?
Last edited by nztx; 07-04-2020 at 10:39 PM.
Reason: add more
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08-04-2020, 10:03 AM
#1997
Member
Does this point to anything we can spot
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09-04-2020, 12:18 AM
#1998
Another 468,000 shares unloaded with a 5.00pm timestamp on 8 April from the daily NZ graph
with mostly small rats & mice hitting the deck during the rest of the day
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10-06-2020, 09:54 AM
#1999
Electricity Authority Transmission Pricing Guideline
Originally Posted by nztx
Another 468,000 shares unloaded with a 5.00pm timestamp on 8 April from the daily NZ graph
with mostly small rats & mice hitting the deck during the rest of the day
Quite a contrast between Meridian and Truspower.
https://www.nzx.com/announcements/354423
and
https://www.nzx.com/announcements/354422
Ill leave others more knowledgeable than me to comment further.
Jantar ? Horus ?
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10-06-2020, 10:59 AM
#2000
Member
Originally Posted by RTM
Trustpower are screwed because the RCPD incentives are gone. RCPD stands for Regional Coincidental Peak Demand. This is the method Transpower uses for calculating the distribution networks annual connection charges. The distribution companies usually rebate the companies which own the smaller stations which generate directly into the distribution networks. This is quite lucrative for the companies that own these smaller stations as they can time their generation to reduce the distribution networks peak demand and hence reduce their bill to Transpower.
Meridian have no generators connected to distribution networks (usually referred to as an embedded generator), all of their stations are connected to the transmission grid hence no benefits lost by the dissolution of RCPD. Trustpower is the opposite, most of their generation is embedded. Hence, they will loose a revenue stream.
In addition, Meridian get a massive benefit from the changes in HVDC cost allocation. Currently this is 100% paid for by the owners of South Island power stations. The majority (i'm guessing ~90%) of Meridians generation comes from the SI and hence any changes in this give them a major benefit too. Contact is roughly neutral, Genesis looses a wee bit, Mercury loose a lot (currently they have no SI assets).
Hopefully the above makes sense. The document is incredibly complex (156 pages) and haven't had time to digest it in full yet.
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