Yes, saw that (they sold down to 5.22%). I think they tend to be medium-term investors. They will not hesitate to take capital gains when they feel the time is right. This, together with their short selling, can be disruptive to the SP. I would rather they weren't on the share register, but that is just my opinion.
If the company does well, it shouldn't matter too much what a 5% shareholder does.
Why The Big Drop Today?, page-36
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Last
60.0¢ |
Change
-0.075(11.1%) |
Mkt cap ! $37.36M | |||
| Open | High | Low | Value | Volume |
| 67.0¢ | 67.0¢ | 59.5¢ | $213.9K | 346.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.0¢ | 12000 | 1 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| DSK (ASX) Chart |