- Forum
- Markets
- NZX
- TRA - Turners Automotive Group [previously TNR - Turners Limited]
-
08-06-2018, 10:00 AM
#2361
Originally Posted by percy
Well well well.?
Looks as though this seller of 200 shares will be gone on the open today.! ..
not going to break the bank if the buyers mop up the $3.06 as well
-
08-06-2018, 10:29 AM
#2362
Given that I am new to this game - can you explain the strategy of listing 39, 57 shares? And maybe you could tell me what broker one would use whereby that is economical viable? Cheers
-
08-06-2018, 10:33 AM
#2363
Originally Posted by Timesurfer
Given that I am new to this game - can you explain the strategy of listing 39, 57 shares? And maybe you could tell me what broker one would use whereby that is economical viable? Cheers
Just robots trading and trying to manipulate the share price, triggering stop losses and similar ... and no, they pay significantly lower trading fees than you and I
Last edited by BlackPeter; 08-06-2018 at 11:13 AM.
Reason: fixed finger trouble ...
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
-
08-06-2018, 10:35 AM
#2364
I see ... it becomes a little clearer. Thanks!
-
08-06-2018, 10:53 AM
#2365
Member
Business bakery now out, i'm guessing the selling pressure will ease off now?
-
08-06-2018, 11:00 AM
#2366
Originally Posted by JoeGrogan
Business bakery now out, i'm guessing the selling pressure will ease off now?
What’s the announcement that followed say?
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
-
08-06-2018, 11:02 AM
#2367
There are 2 announcements for the Business Bakery.
SPH Notice - The Business Bakery L.P.
https://www.nzx.com/announcements/319102
SPH Notice - Baker Investment Trust No 2
https://www.nzx.com/announcements/319105
First one says: Details of the transactions or other events requiring disclosure: In specie transfer of 8,461,723 shares held in TRA by The Business Bakery L.P. to its limited partners
Second one says: In specie distribution of shares in TRA held by The Business Bakery LP to its limited partners, including 2,464,124 shares to the trustees of the Baker Investment Trust No 2
Doesn't look like they're selling their shares on market, but rather transferring of shares around. Who are these limited partners I wonder?
-
08-06-2018, 11:03 AM
#2368
Member
Originally Posted by winner69
What’s the announcement that followed say?
yeah just saw that lol, so they just transferred half to a different trust?
-
08-06-2018, 11:13 AM
#2369
Our friend Mark says NZX going gangbusters
Turners a laggard ...an undernperformer
Possibly a case of just a strong market dragging stocks like Turners up (the rising tide thingie) ...fundamentals don’t deserve much more
Mark Lister (@MarkListerNZ)
8/06/18, 8:49 AM
The NZX 50 is up 3.05% so far this week, with one day to go. If it holds onto those gains this will be the best week since July 2016.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
-
08-06-2018, 11:16 AM
#2370
Originally Posted by JayRiggs
Doesn't look like they're selling their shares on market, but rather transferring of shares around. Who are these limited partners I wonder?
Geoff Ross, Steve Sinclair and Grant Baker
Last edited by winner69; 08-06-2018 at 11:17 AM.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks