re: Ann: Metcash Limited 2013 Annual General ... Oh, you are talking about the sell-off? I thought you meant something had actually happened at the AGM like a rejected motion or something.
But yeah, the sell-off would be due to page 15 of the AGM presentation...
It doesn't make for particularly happy reading, but I don't think it was anything too unexpected. There was a bot operating all day prior to the AGM and now there are bots dumping. 7000 trades already. One (or more) of the big holders obviously want out.
We'll get the notification in a couple of days, in the meantime could be some bargain-hunting for somebody braver than I and willing to gamble on a short-term bounce.
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