% | $
Quotes you view appear here for quick access.

Xinyuan Real Estate Co., Ltd. Message Board

  • doublej7844 doublej7844 Nov 16, 2012 1:47 PM Flag

    Some simple math

    So i manually looked up the following: Total shares volume for -
    July 3,316,319
    Aug 8,722,884
    Sep 6,894,807
    Total 18,934,010

    Then when you take BR's sale of 11,086,195, that means 59% of all sold shares last quarter were BRs? That seems absurd. They account for almost all of July and Aug's volume. With all of this lack of "liquidity", how did BR sell all of those shares in one quarter? Also, to connor.jin's question - who bought? No new institution came forward with a 5% stake. Hedge funds must have a way of spreading the ownership to avoid disclosure. Are we dealing with ghosts now?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
5.04-0.04(-0.79%)May 26 4:02 PMEDT