Hi Seano180 ... I don’t know anyone or anything round here although a non-Hot Copper friend has long been woeful on their BUB shares...
....Oh, and I know I decided to impulse dip a toe in today, purely on the basis of the significant volume (24,433,859 shares by day’s end).
So I thought to take a look backwards rather than forwards..
- which is relevant to your timeline in an historic sense?
Most particularly I wondered who the big owners are in case there is a change in someone’s holding following today’s volume.
Currently I have my fingers crossed on C2 Capital Partners having decided on an EOFY swoop on BUB shares priced at their lowest since August 2, 2017.
(I put a story as to what was going on around then in the second spoiler*).
C2 CAPITAL PARTNERS ; Around three years ago, on April 1, 2019, Hong Kong-based investment firm, C2 Capital Partners - supposedly linked to Jack Ma, took a 15% interest according to the AFR .
https://www.afr. com/companies/retail/alibaba-linked-fund-to-buy-stake-in-bubs-to-fund-dairy-deal-20190401-p519m6 (see story in spoiler).
Spoiler: April 2019 - Alibaba linked fund buys into Bubs
That interest at last count was down to 13.32% or 76,288,510 according to Market Index
[ref].
Anyhow maybe that ~$9.66 million of volume excitement today was set off by the notion of hordes of new Chinese babies in nine months, but I am hoping it is more immediate and ‘substantial’
... And I guess tomorrow will tell
Fingers crossed
cheers
* Early August 2017 prices were last around 40c.
FWIW
Spoiler: An August 2017 AFR retrospective
