WLD 4.65% 4.5¢ wellard limited

22M sell order at 23.5c, page-13

  1. 457 Posts.
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    I am definitely more positive the stock now, but have huge amounts of questions... who was the seller of the 20mio shares (volume was not on asx (unless it was done after the auction on friday? (im not even sure thats possible)
    if this stock is genuinely in play for a takeover (and a 12% stake being bout in such a short period surely must mean it is ).... when will the price start reflecting that possibility
    final thing would be any worries about the firm struggling to sort out their bank finances are being calmed (in my mind at least) with an investor willing to buy this amount of stock.. we shall see
 
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