Morning Chippers ,
Strange movement today , solid volume straight up then plateauing ......... thinking a big push up shortly.
On a side note.. having a look at the smouldering orifice data , all be it delayed
Volumes, as of 11:40 ish EST
ASX = 5.1 million shares & CBOE = 4.5 million shares
Just a general observation , CBOE seems to be gaining more volume passing through .
* interesting that of the of brokers that use the CBOE platform , Citigroup Global Markets Australia , along with all the other suspects appears.
* Citicorp Nominees Pty Limited currently controls 116,715,837 shares in BRN, or 5.917% of shares on issue , second largest holding on our registry .
*Citigroup are rather large ........
Citigroup Inc.
Citigroup Inc. or
Citi (
stylized as
citi) is an American multinational
investment bank and
financial services company in
New York City. The company was formed by the merger of Citicorp, the
bank holding company for
Citibank, and
Travelers in 1998; Travelers was spun off from the company in 2002.
[2][3]
Citigroup is the
third-largest banking institution in the
United States by assets; alongside
JPMorgan Chase,
Bank of America, and
Wells Fargo, it is one of the
Big Four banking institutions of the
United States.
[4] It is considered a
systemically important bank by the
Financial Stability Board and is commonly cited as being
too big to fail. It is one of the eight global investment banks in the
Bulge Bracket. Citigroup is ranked 36th on the
Fortune 500,
[5] and was ranked #24 in
Forbes Global 2000 in 2023.
[6]
Citigroup operates with two major divisions: Institutional Clients Group (ICG), which offers
investment banking and corporate banking services as well as treasury and trade solutions (TTS) and securities services such as
custodian banking; and Personal Banking and Wealth Management (PBWM), which includes
Citibank, a retail bank, the third largest issuer of
credit cards,
[7] as well as its
wealth management business.
* Also , and this i found interesting , Berkshire Hathaway owns 2.69% of Citigroup.
Volume May be coming through Citi.
FOOD FOR THOUGHT.
Regards,
Esq