I didn’t quite get the point of your message.Are you questioning...

  1. 845 Posts.
    lightbulb Created with Sketch. 1198
    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.

    https://hotcopper.com.au/data/attachments/6988/6988075-795952129406dcd46ef2e14016cc8598.jpg


    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:

    https://hotcopper.com.au/data/attachments/6988/6988078-a60f1c05990ca849c72566a05424c0bf.jpg


    If we combine all seven, we get:

    https://hotcopper.com.au/data/attachments/6988/6988081-48feda9708f1a28a11abb103e6f2701d.jpg

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$13.90
Change
-0.200(1.42%)
Mkt cap ! $8.901B
Open High Low Value Volume
$14.13 $14.17 $13.77 $26.91M 1.934M

Buyers (Bids)

No. Vol. Price($)
1 108 $13.87
 

Sellers (Offers)

Price($) Vol. No.
$13.90 5886 1
View Market Depth
Last trade - 16.10pm 13/06/2025 (20 minute delay) ?
NXT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.