I expect that PPT will reduce their holding after the ex div date, not immediately but a few weeks after that, but when they exit they will probably try to do it in a way that the price either holds, or goes up slightly because they will want to make a small capital gain on the shares they bought. sort of buy low sell high effect, but using manipulation to achieve that.
Ann: Becoming a substantial holder from PPT, page-4
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Last
$15.27 |
Change
0.170(1.13%) |
Mkt cap ! $1.061B | |||
| Open | High | Low | Value | Volume |
| $15.20 | $15.38 | $15.15 | $2.639M | 172.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 4710 | $15.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.28 | 652 | 13 |
View Market Depth
| Last trade - 15.09pm 08/11/2024 (20 minute delay) ? |
| MMS (ASX) Chart |