Not trying to speculate any further @RDL... but it does seem a little odd in that case, settlement dates are 'known', lets say minimum 3 weeks prior.
The trading pattern has been quite consistent during this period until the beginning of this week.
I understand there could be a number of unknown factors, but surely any prudent investor, especially 1 with many millions, would have been watching close enough to maximize $$$$ whilst minimising the number of sales sold.
It's not like the trend was for a clear upwards breakout meaning maybe hold out to see how it plays out.
Food for thought, my 2 cents worth, yesterday's dump was strategically executed to stop momentum.
Of course, unless the rumour, well... your now busy moving packing boxes???
PLS - August charts, page-218
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Last
$2.86 |
Change
-0.200(6.54%) |
Mkt cap ! $8.608B | |||
| Open | High | Low | Value | Volume |
| $2.95 | $2.96 | $2.85 | $61.44M | 21.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 163532 | $2.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.87 | 44591 | 3 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |