450M shares traded this week. Anyone who wanted out is out. This means 450M shares were bought higher than the lows and the CR. Pip traders have piped.
You don't see this that often, NZS is only just being noticed. We'll do another 250M shares next week. The rest of the pips will be taken and then the re-rate.
NZS have purchase orders that are 70% of MC (last week). If it's a pmp and dump it's happened. 100M today again.
Ann: Change in substantial holding, page-61
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