It was not RIM that converted the notes on the 20th August.
Hence why they provided a SH notice on the 29th August that showed their holdings were diluted.
Usually when a holder gets diluted and they want to get back to their existing holdings they chase down a seller....not the other way round.
More than likely RIM purchased a few extra for a trade(that's what these fundies do) and wanted to re balance by the end of the 1/4.
I make it that they paid 11.35 cps for the block they bought so no doubt after selling a few at 12.5, 12, 11.5 and many at 11 they probably came out ahead.....enough at least to buy sushi, ladies of the night and alcohol for the end of 1/4 office party.
Someone else was hovering up the shares @ 11cps.......I think they will do rather well.
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Last
80.0¢ |
Change
0.005(0.63%) |
Mkt cap ! $153.0M |
Open | High | Low | Value | Volume |
80.5¢ | 81.0¢ | 79.0¢ | $9.941K | 12.48K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1500 | 80.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
82.0¢ | 29260 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 12000 | 0.710 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.820 | 24260 | 1 |
0.825 | 19408 | 1 |
0.835 | 14031 | 1 |
0.845 | 6538 | 1 |
0.850 | 2366 | 1 |
Last trade - 13.41pm 26/07/2024 (20 minute delay) ? |
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BRL (ASX) Chart |