Wonder if they picked up the 8 million shares from director and most of Paradice sales...some broker must have contacted the buyers to tell them of impending sales & did a good sales job to get them on board. Doubt whether they would keep try buying now after the announcement as they know the effect it would have on the markets. imo the lift today coming from readers of the announcement not Credit Suisse. There is always a chance they might be in the market both selling and buying though if they have dedicated someone to check price movements every day. Many institutional buyers would not try to buy say 8 million shares in one day unless they knew from a broker that they had another client who might sell ata price and that's where brokers come in to do their job. All my opinion only.
NEA Price at posting:
59.0¢ Sentiment: None Disclosure: Held
