One thing that could influence a mass sell event would be if NZ put in the Capital gains tax that they are talking about. Holders would be looking to take profits before the tax occurred. This I believe would clean out many retail holders in NZ and transfer many shares to AU and Insto's.
Media Updates, page-1300
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$5.71 |
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 22 | 21623 | $5.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.73 | 8177 | 24 |
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