Who is responsible for the consistent distribution on this stock?
I'm assuming it's none of the HC retail faithful.
Volume has been quite high, so one of the bigger holders must be shedding. 50% of shares are owned by the top 20 shareholders. The only discrepancy I can see is that Abbotsleigh Pty currently has 26m shares according to one source (which is IG's investment company) and IG was the indirect owner of 34.7m shares in early June (according to another).
Absolute speculation, as his other shares could well be owned outside of that one vehicle (smsf for example) - but someone big is going to cash.....unless it is retail throwing in the towel.
Relevant Media, page-3374
-
- There are more pages in this discussion • 92 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ASM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
63.0¢ |
Change
0.100(18.9%) |
Mkt cap ! $114.2M | |||
| Open | High | Low | Value | Volume |
| 53.0¢ | 63.0¢ | 53.0¢ | $470.0K | 813.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 819 | 61.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.0¢ | 20321 | 2 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| ASM (ASX) Chart |