TSX:AX.PR.E - Post by User
Post by
Northforce13on Aug 30, 2024 2:58pm
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Post# 36203214
NCIB wants to buy, people don't want to sell
NCIB wants to buy, people don't want to sellArtis SP movement > peers
NCIB wants shares, is pushing the price due to a dearth of sellers.
A .25% or .5% deviance would normally suffice to shake out as much volume as desired from peer price movement anomally sellers, but the deviance required is larger, indicating strong reluctance to sell.
It will be interesting to see if this continues.
A smaller office peer, TNT had been acting similarly.
GLTA