Accidental new post . Opportunity to say Thank you NRW Holdings...

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sabine

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22/08/18

20:00

Post #: 35106092
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Originally posted by sabine ↑

Also within the trading we have just seen remember the bulk of it was not on market purchases ..it was large parcels that were transferred mainly using the S3xT code ....which I just looked up .. (at last)
It is ‘block special crossing of warrants’ https://www.asx.com.au/documents/pr...es_Procedures_Amendments_due_to_MIRs_AGBs.pdf

“In finance, a warrant is a security that entitles the holder to buy the underlying stock of the issuing company at a fixed price called exercise price until the expiry date. Warrants and options are similar in that the two contractual financial instruments allow the holder special rights to buy securities.”
https://en.m.wikipedia.org/wiki/Warrant_(finance)

So who had that many warrants to trade I wonder ? And what is the cash price to convert them? And when where they issued? And who were they issued to ....
Does anyone out there know the quis, quid, ubi, quibus auxiliis, cur, quomodo, quando? Who, what, where, with what, why, how, when?

Anyway I reckon if warrants were sparrows the better analogy would be after one or two flies into the trap set at $1.70 someone comes along with a crate of 50000 and shoves them quickly in because they can because the trap was placed at $1.72 . If the trap (price) had been $1.75 they (the traders ) would have had to use that entry mark .
But I don’t know ..

Cheers and many happy returns to all holders

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Accidental new post .
Opportunity to say
Thank you NRW Holdings
......Whatever tomorrow brings

Last edited by sabine: 22/08/18

NWH Price at posting: $1.70 Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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Last $3.91		Change 0.010(0.26%)		Mkt cap ! $1.574B

Open	High	Low	Value	Volume
$3.90	$3.92	$3.88	$677.8K	173.8K

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No.	Vol.	Price($)
43	12714	$3.91

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Price($)	Vol.	No.
$3.92	26501	43

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No.	Vol.	Price($)
1	5058	2.370
4	18795	2.360
4	37687	2.350
1	7879	2.340
3	24992	2.330

Price($)	Vol.	No.
2.390	11634	3
2.400	71958	7
2.410	16085	2
2.420	19941	3
2.460	816	1

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Accidental new post . Opportunity to say Thank you NRW Holdings...

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