Share
clock Created with Sketch.
22/01/18
10:12
Share
Originally posted by makattack
↑
Just a reality check, since the start of the year, the highest accumulator by broker has been BTIAus with 22mill. That debunks the theory some have that some accumulator is buying mass amounts of the total stock (no substantial shareholder announcement either to back up data). The highest net sellers are ComSec (28mill), Patto Securities (18mill), AusInv (11.7mill) and Harleys (9mill). Largest net buyers as mentioned BTIAus (22mill), StateOne (19mill), OpenMarket (13mill), ETrade (12mill). Maybe 4/5ths of total stock traded is just churned within a broker.
10cents gives ZYB a fully diluted marketcap of $87mill. What's been acquired to give it that marketcap off the bat. ZYB may struggle to gain much more in share price from here without an announcement to back up the marketcap it has bulit up.
Expand
What we have here is still players buying into ZYB maybe not a big corporation but decent dollar people which is interesting here.Those 100's K coming in isn't just random day traders and ST holders money