Nope, the sell down continues unabated.
Attachment 11510
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Nope, the sell down continues unabated.
Attachment 11510
Healthy profit-taking, I would say.
37m shares were sold down in the week of 23 March at between 40c to 55c.
Be a while yet before these traders sell out completely to lock in their profits - and why not?
If you are a fundamentalist, take the opportunity to add to the portfolio.
If you are a trader, wait for another 12m shares to go through imo before the sp bounces back up.
ACC selling. I dont know whether they made a profit or not, I suspect not , but they're reducing to under the 5% level. and sold 367000 at 74c
I picked up some today for 73 cents.
Interesting. They don't appear to be the main seller we've been seeing the last 2 or 3 weeks though. I wonder if they are just keen to stay under the 5% threshold. The figure they sold in the disclosure is pretty close to what they received from the DRP in Feb.
Oh great, so only 10 million left to go then, lol.
Are they selling down everything? Some of the trades they've done this year look really silly to me.