GREY:ISYRF - Post by User
Comment by
humppyuson Aug 16, 2019 5:10pm
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Post# 30038263
RE:RE:Nice to see a little volume
RE:RE:Nice to see a little volumeActually Broker 18 is used for the NCIB daily buys of up to 3300. They also are used for the larger single block buys. However in order to collect the shares for the larger single block buys Broker 18 used Broker 7 (TD). Basically TD 07 picks up all the loose shares and then sells them as a single block to Broker 18. That keeps the whole thing within the rules of the NCIB Process.
Today 07 ( TD ) was doing the buying so it could be NCIB related, but can't be certain.