Ann: Change in substantial holding , page-23

  1. 5,980 Posts.
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    Looking at the announcments it appears that from the Maple brown hodings that National nominees , and Citicorp nominees are the 2 sellers , combined they sold 9m shares from 11 jan to 19 jan .

    The largest holder (RBC dexia ) within the MBA account sold no shares .

    This teurover accounted for almost 90% of the sales volume , and since the 19th the date of last sale disclosure , another 4.8m shares have traded , so if they are continuing to be the major party responsible for the sales volume I believe there is about 2.5m share left to sell by National nominees , then if the buying volume that has soaked it up continues the stock should bounce .


    Just my reasoning why I think the stock is ready to click back up towards the indicative offer , and why I topped up for the 4th time in the last 3 months .

    Just wish I had a lazy $200k to bid for the 2.5m shares lol
 
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