MEL - Meridian Energy

[King1212]

It will hit $15 ..

[JohnnyTheHorse]

Who else was watching for that $9.10 break? What a run it turned out to be! In at $9.10 and out at $9.88 very soon after.

[Joshuatree]

Anyone joining some dots here.Mel and carbon saving.

[IAK]

Crazy days. My portfolio is well and truly overweight in Mel now (~33%).

[RRR]

I was right in saying that index funds will buy more..t_up:..Just kidding

Sold 30% of MEL today.. 7 bagger including dividends from IPO in 7 years..

[bull....]

congrats to those who got yest or day before prices looks like it deflating now

[dreamcatcher]

Blackrock increased holding in CEN by 8,22m imagine doing the same with MEL so no need for panic, these prices will come again soon.

Roughly need 26m shares to increase their holdings 1% from 6.076%

[bull....]

Blackrock increased holding in CEN by 8,22m imagine doing the same with MEL so no need for panic, these prices will come again soon.

Roughly need 26m shares to increase their holdings 1% from 6.076%

i be very surprised if they kept just chasing the price higher and higher

[GTM 3442]

i be very surprised if they kept just chasing the price higher and higher

One supposes they would just prefer a gently rising NAV for the fund and trade accordingly.

[JohnnyTheHorse]

The only people buying shares at these levels are those that have to (i.e. passive funds). Expect erratic price movements to continue.