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10/02/26
17:38
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Originally posted by shlok:
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That in itself is very interesting and opens up multiple lines of thought. for instance 1) what's the reason to do a churn when nothing is happening with the SP in terms of company announcements etc? The percentage of the number of shares sold versus the percentage they hold, in the big scheme of things with over a billion shares on issue, my feeling is that the percentage of churn is small? If that is the case then why go through all this trouble? How much can retail buy into what's being offered? if 35000 shares were purchased by multiple retail buyers , the 50k block would don't be fulfilled for the next lot to be thrown in. That means a new day and new challenges like last Friday. Is it really worth this hassle? I don't have any data but probably a week or 2 weeks ago I saw the overall number of shares traded to be fairly smaller compared to what's happening now and prior to it. Is this just to show activity that someone is buying and selling to prevent it from going stale?
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Decent volume today, neutral/reverse direction there for a while though. Interesting