Well, after looking at the trading history for UBS here: https://hotcopper.com.au/threads/ann-ceasing-to-be-a-substantial-holder.7988307/?post_id=73690836, it's clear that UBS accumulated and then sold a significant 3.197 million XTrades to insto. This indicates they were accumulating for a major buyer, not for retail investors.
Interesting the 2M shares transaction was not UBS , so that also suggest coordination by a number of players, was it Regal
However, there was a huge 6.4M trade on the 01-May
Who is buying the big chunks!!!! Not retail
Time to warm up the takeover talk again.
$2 PARTY, page-6382
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Last
$1.78 |
Change
-0.035(1.93%) |
Mkt cap ! $2.246B | |||
| Open | High | Low | Value | Volume |
| $1.81 | $1.81 | $1.74 | $30.57M | 17.25M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 110725 | $1.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.78 | 29116 | 4 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |