Forum Archive Index - August 2001
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[sharechat] post to forum for friday 3rd
Anyone explain the continued updating of MRP,WIN etc to the NZSE (i.e news items).
Is it a requirment that they continually update their net asset value? surely index funds will continually change therefore this is almost trivial?
BUT.. if WINz is trading around ~$2 then it creates an opportunity to take a slice in the action as it seems to correct towards these 'news announcenments'. Which can be as much as %5-%10?
The price tends to always migrate towards the backing at some stage, as of yet I havent looked into the historical tendencies of this , anyone else had similiar ideas, if not with other stocks such as ASX(ax) MRP, etc??
nick
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