yMcy56:

And you can see 100k single trade?

Mpeace:
I usually make use of the high and low for the day.

yMcy56:

Ok thanks.
Maybe I'll need to logout and in again.
To be sure, I used to check under "Trades" for the day.

yMcy56:

Was responding positively in the market....

Mpeace:
Once there is an official change in price the day high/low will change. And I noticed official price changes even when there is no single 100k deal as long as there is 100k cummulative trades at the same price.

Mpeace:
Once there is an official change in price the day high/low will change. And I noticed official price changes even when there is no single 100k deal as long as there is 100k cummulative trades at the same price.

Mpeace:
Once there is an official change in price the day high/low will change. And I noticed official price changes even when there is no single 100k deal as long as there is 100k cummulative trades at the same price.

Adinije:
There was a trade of 123,000 on Nascon at 52.4 before it went on full bid.

yMcy56:

It doesn't work this way!
It MUST be 100,000 single unit or above.....this is what the Rules stipulates.
Cumulative doesnt count.

I guess you've been looking at intra-day high and low, which eventually won't count at the end of the day if there's no bulk transaction of 100k in single trade or crossing.

Mpeace:
Take a look at Dang sugar and nascon trades for today. No single 100k deal but they both made 10% price appreciation. I noticed it happen on manÿ different stocks at different times.
By the single 100k rule, both ought not to move today but they did.

I do not know, but I noticed stocks move on cumulative/consecutive trade at the same price.

Mpeace:
Once there is an official change in price the day high/low will change. And I noticed official price changes even when there is no single 100k deal as long as there is 100k cummulative trades at the same price.

mails4funshi:


I think the total number of trades for most equities @ COB is not correct on the itrade platform, suggestive of a glitch.

You may want to clarify from another platform.

vacanci:
TRANSPOWER did not move price.

On Monday, the drama starts again

Locotrader:


Oga better for them to allot shares for shareholders as they did in ucap and Afriprud than Transcorp to own 51% of the power. How much dividend do you think shareholders will get in their 51% holding considering the huge os?
51% , Tony and his group will still embezzle as admin expenses.

DrAwo:


Transorp owns 51% of transcorp power

DrAwo:


Transorp owns 51% of transcorp power

Mpeace:
Take a look at Dang sugar and nascon trades for today. No single 100k deal but they both made 10% price appreciation. I noticed it happen on manÿ different stocks at different times.
By the single 100k rule, both ought not to move today but they did.

I do not know, but I noticed stocks move on cumulative/consecutive trade at the same price.

yMcy56:

Una too like to dey argue oo
There was system glitch in Morgan or maybe on the Automated Trading Platform of NGX.

There's no way a total of 2.3m units of NASCON would have been done without a 100k moved in-between....

Check the trades for NASCON for instance and try to sum the transactions there, you'll see that some transactions were missing........this must be Cross Deals mostly.
If 100k is not moved, it won't officially move up.
Same for SUGAR and maybe some others.

Locotrader:


Oga better for them to allot shares for shareholders as they did in ucap and Afriprud than Transcorp to own 51% of the power.How much dividend do you think shareholders will get in their 51% holding considering the huge os?
51% ,Tony and his group will still embezzle as admin expenses.

Adinije:
I wonder why they're arguing

A cross deal happened in DS and NASCON at 10.02am. I saw it. Unfortunately, it wasn't showing in trades. DS was exactly 100k, NASCON was 123k

Tofa24:
You seem to not properly understand how the stock exchange works. Transcorp as a group is an investment company, however, this doesn't mean that subsidiary entities cannot have assets that justify a higher valuation than the main Group company.

pluto09:


Lol, you mean Dr awo doesn't understand how stock exchange work!

pluto09:


Lol, you mean Dr awo doesn't understand how stock exchange work!

pluto09:


Lol, you mean Dr awo doesn't understand how stock exchange work!

Streetinvestor2:
The institutional investors did not buy 100,000 single transaction in transcorp power today. The fuel don finish lol

On another news.Has the buy out for pz been cancelled. The price done touch #40. I thought the buy out was #20 plus

Mpeace:
Take a look at Dang sugar and nascon trades for today. No single 100k deal but they both made 10% price appreciation. I noticed it happen on manÿ different stocks at different times.
By the single 100k rule, both ought not to move today but they did.

I do not know, but I noticed stocks move on cumulative/consecutive trade at the same price.

yMcy56:

Una too like to dey argue oo
There was system glitch in Morgan or maybe on the Automated Trading Platform of NGX.

There's no way a total of 2.3m units of NASCON would have been done without a 100k moved in-between....

Check the trades for NASCON for instance and try to sum the transactions there, you'll see that some transactions were missing........this must be Cross Deals mostly.
If 100k is not moved, it won't officially move up.
Same for SUGAR and maybe some others.

Mpeace:
Make una no vex say I too dey ask question for class.
I never knew cross deals affect market prices.
Pardon.

Pls when is UCAP result coming up.
They used to be first before now, to release resulf and corporate action.
I remember time past when I would qualify for UCAP dividend and use same money to take dividends in some banks.