Well, after looking at the trading history for UBS here: https://hotcopper.com.au/threads/ann-ceasing-to-be-a-substantial-holder.7988307/?post_id=73690836, it's clear that UBS accumulated and then sold a significant 3.197 million XTrades to insto. This indicates they were accumulating for a major buyer, not for retail investors.
Interesting the 2M shares transaction was not UBS , so that also suggest coordination by a number of players, was it Regal
However, there was a huge 6.4M trade on the 01-May
Who is buying the big chunks!!!! Not retail
Time to warm up the takeover talk again.
Well, after looking at the trading history for UBS here:...
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 (20min delay)
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Last
$1.21 |
Change
-0.010(0.82%) |
Mkt cap ! $1.357B | |||
| Open | High | Low | Value | Volume |
| $1.21 | $1.22 | $1.19 | $7.218M | 5.995M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22599 | $1.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.21 | 45175 | 5 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$1.21 |
Change
-0.010 ( 0.57 %) |
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| Open | High | Low | Volume | ||
| $1.21 | $1.22 | $1.19 | 2330467 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| ZIP (ASX) Chart |