sharetrader
Page 160 of 1417 FirstFirst ... 601101501561571581591601611621631641702102606601160 ... LastLast
Results 1,591 to 1,600 of 14170
  1. #1591
    Guru
    Join Date
    Oct 2017
    Posts
    3,808

    Default

    Quote Originally Posted by Lola View Post
    We might get a bit of a steer on these sorts of angles when the SSNs are posted resulting from last weeks large turnover volumes.
    Yes, I think there should be some announcements this week.

    Damn near 30 million shares were traded last week (about 7% of total shares outstanding).

  2. #1592
    Guru
    Join Date
    Oct 2017
    Posts
    3,808

    Default

    http://nzx-prod-s7fsd7f98s.s3-websit...012/310240.pdf

    Great news.

    Now if they can hang on to the NRL, they will be in a very strong position.

  3. #1593
    Guru
    Join Date
    Apr 2003
    Location
    Wellington, New Zealand
    Posts
    4,876

    Default

    Quote Originally Posted by mistaTea View Post
    Yes, I think there should be some announcements this week.

    Damn near 30 million shares were traded last week (about 7% of total shares outstanding).
    Yes I too wonder how has been bailing and who has entered. Good news this morning about the netball. (Not a sport I watch but my mom etc does)

  4. #1594
    Guru
    Join Date
    Oct 2017
    Posts
    3,808

    Default

    Quote Originally Posted by blackcap View Post
    Yes I too wonder how has been bailing and who has entered. Good news this morning about the netball. (Not a sport I watch but my mom etc does)
    Tbh, I would have expected some announcements to be made by now. I would have expected one large institution to have mopped up a large chunk of the 30 million shares.

  5. #1595
    Guru
    Join Date
    Oct 2017
    Posts
    3,808

    Default

    I have asked the NZX surveillance team to take a look at this (massive trading volumes in a short period of time, yet still no disclosures).

    I can't imagine the 30 million shares traded in a week were mostly done by smaller retail shareholders (thereby not warranting any disclosures).

    But let's see what the NZX come back with.

  6. #1596
    Member
    Join Date
    Jun 2012
    Posts
    441

    Default

    Quote Originally Posted by mistatea View Post
    i have asked the nzx surveillance team to take a look at this (massive trading volumes in a short period of time, yet still no disclosures).

    I can't imagine the 30 million shares traded in a week were mostly done by smaller retail shareholders (thereby not warranting any disclosures).

    But let's see what the nzx come back with.
    good on you for enquiring. If i had to guess id say the acc will be in the mix .

  7. #1597
    Senior Member moimoi's Avatar
    Join Date
    Feb 2000
    Posts
    547

    Default

    Quote Originally Posted by mistaTea View Post
    I have asked the NZX surveillance team to take a look at this (massive trading volumes in a short period of time, yet still no disclosures).

    I can't imagine the 30 million shares traded in a week were mostly done by smaller retail shareholders (thereby not warranting any disclosures).

    But let's see what the NZX come back with.
    Possibly you'll find that this seemingly large volume is illusionary. Market structure and associated algorithmic trading enables appropriately resourced market participants to be both buying and selling stock while say accumulating a position. You can see it on various SSH notices whereby an entitiy may have bought 9m shares but concurrently has sold 8m for a net gain of 1m. The net gain of 1m may not be enough to trigger a disclosure, while it appears there has been significant volume.

  8. #1598
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,738

    Default

    Quote Originally Posted by moimoi View Post
    Possibly you'll find that this seemingly large volume is illusionary. Market structure and associated algorithmic trading enables appropriately resourced market participants to be both buying and selling stock while say accumulating a position. You can see it on various SSH notices whereby an entitiy may have bought 9m shares but concurrently has sold 8m for a net gain of 1m. The net gain of 1m may not be enough to trigger a disclosure, while it appears there has been significant volume.
    Churn is a real consideration, esp in volatile times.
    Last edited by winner69; 23-10-2019 at 10:33 AM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  9. #1599
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,738

    Default

    I think the timing when disclosures have to be made go along the lines of as soon as one knows or ought reasonably to know.

    So maybe there aren’t any new SSH and none have ceased to be SSH and no current SSH has gone +/-1%

    But then tomorrow another day
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  10. #1600
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,738

    Default

    Still no SSH

    So all those zillions of shares just churned by the instos

    No ‘corporate’ activity?
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •