SEA 0.00% 16.5¢ sundance energy australia limited

slowly slowly, page-20

  1. 2,988 Posts.
    three exactly same size 20 million share trades - at first I thought it might have just been ANZ shuffling it into another account - now it would seem that it is ANZ disposing of them through an intermediary - maybe one looking to "wash" some shares (possibly a hedge or super fund that wants to write off a big loss for tax purposes and retain the shareholding.

    The amount was about 500K less than the amount on the last disclosure though the SP was sold down on volume of about 600K over the past few days so I assume they are out now.

    Let the games begin!

    I wish I'd had some cash left to get some at 31c today!
 
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