I didn’t quite get the point of your message.
Are you questioning the approach of grouping several brokers together?
To me, it makes a lot more sense than looking at individual investment banks in isolation. I use the same group consistently for most of the companies I analyze and share here - so it’s not a cherry-picked selection just to prove a point.
I’m transparent about which brokers I include:
-Citigroup
-Goldman Sachs
-Macquarie
- Merrill Lynch
-J.P. Morgan
-Morgan Stanley
- UBS
Why these? Because they’re well-known investment banks and brokers that usually account for a significant share of volume in the mid- and large-cap space. You can see this clearly in NXT’s broker data, for example.
In your screenshot, you only showed three of them, but left out the others that were selling.That’s why I prefer to group them together and look at their collective net accumulation — it makes much more sense to me.
This are brokers you missed out:
If we combine all seven, we get:
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Last
$13.96 |
Change
0.060(0.43%) |
Mkt cap ! $8.940B | |||
| Open | High | Low | Value | Volume |
| $13.97 | $14.03 | $13.82 | $25.49M | 1.829M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1993 | $13.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.97 | 7433 | 1 |
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| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| NXT (ASX) Chart |