Just spoke to my broker and he had the WTF answer.
His explaination, all be it slightly off the planet but i'll try and repeat it is:
"If a company has increased its client base by 12 in the last month he then goes and buys 1 share for each of his extra 12 clients."
So that will re-weight the portfolio for the extra clients.
How does that sound? To me i'm not convinced.
- Forums
- ASX - General
- whats with lots of 12 in many stocks today?
whats with lots of 12 in many stocks today?, page-23
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online