My assumption:
Nobody will offload that stake for no premium right now.
So it was swapping between hands. A bank/fund etc sending them to a different subsidiary, who is better positioned to benefit from a takeover. Eg. if one is better set up to realise a capital gain, or hold stock in the potential acquiring companies.
So just a big holder getting better prepared, since they see a takeover as possible/likely.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
81.0¢ |
Change
-0.040(4.71%) |
Mkt cap ! $1.195B | |||
| Open | High | Low | Value | Volume |
| 83.0¢ | 83.0¢ | 80.8¢ | $13.80M | 16.90M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 233820 | 81.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 81.5¢ | 24635 | 2 |
View Market Depth
| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| BGL (ASX) Chart |