Kasper 61,
I think its important to note none of our top 6 shareholders have sold down their positions at all.
Refer Commsec iress monthly shareholder information. ( At 30 April 2021: Vanguard 6.92%, JP Morgan 6.36% , Blackrock 6.29%, Morgan Stanley 5.15%, UBS 5%, & Hambro 4.99%.
Clearly Morgan Stanley are running algos to buy and sell frequently to reduce their average cost, but they always retain about 5% over the course of time.
It looks like the big players expect to recover their positions and I think you and all LTH will recover.
UBS has a mid point PT NZ 13.50, which looks ok to me.
$4.00 Funeral, page-95
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$6.23 |
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Mkt cap ! $4.510B | |||
| Open | High | Low | Value | Volume |
| $6.23 | $6.29 | $6.13 | $11.31M | 1.822M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6134 | $6.22 |
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| Price($) | Vol. | No. |
|---|---|---|
| $6.23 | 5083 | 2 |
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