Could someone please explain to me how Garner has sold ~8.3M shares since the 9th of August?
Top 20 holders report from the anual report 9th of August 2021, where Garner held ~8.98M shares.
Top 20 report from @adam40k showing that Garner is now below 970,000 shares. And the activity details clearly show he sold 8.31M.
Any coincidence that RAC update their trading policy to accomodate Consultants, and then we see that Garner is now down ~8M shares?
Given Garner's trading history of RAC, it would be inconceivable that he would dump this onto the market in massive amounts. So, I suspect a massive block trade has just taken place, and I think the most likely organisation is CoH.
Update next week I guess.
RAC Broker Data, page-92
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Last
$1.75 |
Change
0.010(0.57%) |
Mkt cap ! $298.0M | |||
| Open | High | Low | Value | Volume |
| $1.73 | $1.83 | $1.73 | $272.0K | 152.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9998 | $1.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.79 | 2000 | 1 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |