BET 1.19% 8.3¢ betmakers technology group ltd

Ann: Ceasing to be a substantial holder, page-25

  1. 206 Posts.
    lightbulb Created with Sketch. 77
    Thats exactly what is it:
    1. Locking in Profit - (its how 99% of funds make there money)
    2. Rebalancing of fund portfolio i.e. Invest in next 'big thing'

    Short selling is definitely not at play here, why:
    1. Ausil still far to big on register still own circa +38.5m shares
    2. Why would they erode existing value in investment (remember management fees and performance fees)?
    3. Short selling usual comes with some 'down ramping research' about the company - no evidence of this...

    This is purely healthy market mechanics...
    dont be a donkey Eey Ore...Buy the DIP!!
 
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