Quote Originally Posted by Gregnz View Post
Interesting volume today, nearly 27,000,000 shares have changed hands, and several very large trades in depth on the NZX this morning. 10:41am , 10,250,000 shares, value $16.9 million. And 11am , 10,550,000 shares, value $17.4 million. Seems someone is in accumulation mode. Hasn't had much impact in influencing the SP, and still very low volume on the ASX.
Many of the companies I'm invested in, those which are dual listed on the ASX and NZX, are often driven by larger volume on the ASX. Seems with PPH , the NZX is leading the charge.
Still no word on the catholic sector coming onboard?
Could well be Mawer, who're happy to accumulate at current depressed levels. I'm expecting an update sometime next month.