Source: The Weekend Ausralian Financial Review newspaper [Page...

Source: The Weekend Ausralian Financial Review newspaper [Page 46 - Street Talk]

Day traders in Centro

Given the spanner thrown into the best laid plans of Centro and its bankers, it is interesting to note that most of the turnover in Centro shares in recent weeks, as speculation of takeovers and bailouts have raged, appears to have largely involved day traders rather than institutions or hedge funds.

Commonwealth Securities has been the dominant broker over the past month, accounting for about 40 per cent of turnover value. E*trade Australia has been the next largest broker with 11 per cent, followed by Westpac Securities (8 per cent), Aequs Securities and State One Stockbroking (both with about 5 per cent).

Article continues on with Allco Finance Group...


Cheers, Pie :-)