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27/02/18
22:19
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Originally posted by Creaturemagic
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BNP is a nominee account meaning it's just an account used my multiple (could be 3, could be 300) people to simplify trading. Last T50 I saw the held 60 million shares. That's only 150k worth at an average of 2.5c. I fall under the HSBC nominee and if I had been under the BNP nominee I'd account for more than 1/50th of the holdings.
So I think BNP accumulating isn't anything to write home about. It's simply punters buying a little bit under a nominee account.
I've lost a lot of hope. I think NOR has missed the mark. They'll be pushing the AI next year as the newest thing to bring NOR millions. At least GSW and BIG had revenue.
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Please check your sums...... (60mil ave 2.5cents)