Totally agree bigsy, my thought at the moment:
An aggressive fund manager has 5% of a quality stock, a company with a diverse shareholder base, a reasonably predicable share price, an easily manipulated share which helps make predictable, insecurity in the banking sector.
Note this aggressive fund manager made record profits over the last couple of years - they are good at what do
Then the, the cavalry arrived around July, so now I see a good cop bad cop scenario, good cop has plenty of growth, the aggressive fund manager who bought back in about nine months ago at about 12.50 who has played for the last would not now have a 12.50 average price. So good cop bad cop for a while feeding off the insecurities floating at the moment, but both have vested interest in seeing positive growth, feed their profits, sell up, the teams can have break, and if Blackrock is consistent buy back in a couple months time - been doing it for years, most frustrating part of the BOQ story as I, a holder and not a trader.
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Open | High | Low | Value | Volume |
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---|---|---|
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3 | 42303 | 9.210 |
8 | 85885 | 9.200 |
7 | 86977 | 9.190 |
11 | 100164 | 9.180 |
Price($) | Vol. | No. |
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9.230 | 15728 | 3 |
9.240 | 64768 | 16 |
9.250 | 116890 | 16 |
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