MPG - Metro Glass

[winner69]

Someone just bought $9m worth of stock @ $1.05

Wasn't me

Probably somebody who has plenty of other people's money to punt with

[TheHunter]

Just under the 5% threshold to disclose on NZX assuming a new holder, hopefully they buy more so we can see who it is!

[BlackPeter]

Someone just bought $9m worth of stock @ $1.05

Interesting - and here was me thinking the depth is somewhat dropping.

Maybe Fisher Funds buying back the parcel they sold out at $1.26 - hey, this would be a clever move ...

Discl: just spreading rumours - no insider knowledge about this deal at all;

[percy]

Someone just bought $9m worth of stock @ $1.05

I would hazard a guess someone also sold $9m worth of stock at the same price .

[TheHunter]

I would hazard a guess someone also sold $9m worth of stock at the same price .

Likely the remainder of Henderson groups holdings... end of sell down?

[TheHunter]

More large volumes, ssh notice coming surely...

[sideline]

I would hazard a guess someone also sold $9m worth of stock at the same price .

That would be Henderson - the number matches exactly their final holding after the previous announcement.

[winner69]

These instos are just punters ...buying and selling on whims

Easy with other people's money eh

[Snow Leopard]

So if I plug numbers like EPS = 10c for FY2018,
4% annual EPS growth thereafter and a
55% dividend payout ratio into my secret formula.

Is that a sensible combination?

That would make them worth $1.17 each now.

Best Wishes
Paper Tiger

[percy]

That would be Henderson - the number matches exactly their final holding after the previous announcement.

But wait.....there's more.!!!
Another 1mil traded at $1.05.