Ill reserve my commentary on the report and situation. Most know my view.
But @Holla, people are being helpful not trolling when trying to explain - BNP Paribas is huge bank yes. Is it a direct holding, almost certainly not. Hence why they haven't lodged a sub holder notice.
Its extremely common, especially for overseas holders to have nominee account structures - rather than direct CHESS holders. This would also follow as NOR as seems they have some OTC or off-ASX trading in Germany amongst other places. By way of example, I could open a BNP trading account, buy NOR and my holdings would add to the existing number. It wouldn't however be fair to represent that as a "Big Bank Buying".
Also, the selling when someone else sells. Quite possibly stop losses. If someone is waiting to sell, hoping for a certain price level - they have likely got a trigger that if the depth disappears on the bid, just take whatever liquidity is there. Not necessarily too nefarious.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 306 | 4.8¢ |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 306 | 0.048 |
1 | 50000 | 0.046 |
1 | 130081 | 0.045 |
2 | 255000 | 0.043 |
1 | 13888 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 220000 | 1 |
0.050 | 49663 | 2 |
0.051 | 125000 | 1 |
0.056 | 60000 | 1 |
0.058 | 137000 | 2 |
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