macquarie prime - nkp , page-7

hi wayne

in response to your post, i am not sure what drives these financial institutions to make such decisions, but i agree that it is unusual given we are at 7.5c, with thin trading of late.

I had called MQ prime before regardign NKP and another stock of mine when the LVR was removed, and asked what was behind the decision and if i could request to put it back on, they said that the decision was made by a different area and that price volitility, volume, share price (i.e. market cap) all played a role in the decision.

Again, i like you find it unusual that they are back on the lending list.

As mentioned in my earlier post to Kiril, this would be a good thing in the event of positive annoucement, particularly for those who have substantially increased their holdings....

looking forward to the end of this week/beggining of next

Cheers