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10.0% 1.1¢ admiralty resources nl.

Does this make sense?COB 4th ANZ 222 millionCOB 7th ANZ 204...

  1. krgrant
    21 Posts.
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    08/04/08
    10:50
    Post #: 3560476
    Does this make sense?
    COB 4th ANZ 222 million
    COB 7th ANZ 204 mill
    These 18 mill would have been sold 2/4/08 and settled 3 days later on 7/04/08.
    Total traded on 2/4/08 was 50.2 mill so 35% were ANZ.
    Even if you said that 50% of all trades were ANZ you would need volume of 408 mill to clear their remaining holding.
    408 mill less 24.8 mill 3/3, 76 mill 4/4 & 58.2 mill 7/4 still leaves 249 mill to clear.


    Cheers
    ADY Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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