NWE 0.00% 5.6¢ norwest energy nl

spp shortfall, page-28

  1. 8,720 Posts.
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    D_chrome I'm with you I ecpect Patto's to dump their shares over the coming weeks putting ST pressure on price, so I've sold some today as well with the intent of buying them back on the dip.

    Re the average holding time for shares, I think that figure of 6 days is distorted by HFT - with millions of trades happening at only seconds or less, that will drag down the average given that buy and hold investors by definition actually dont sell that often.

    I wasnt surprised by the SPP shortfall - the SPP outcome would have been announced by Monday latest if full or oversubscribed. I've got mine coming in full, so I'm happy.

    Cheers, Sharks.
 
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