ACR 1.79% 5.5¢ acrux limited

Ann: Change in substantial holding, page-4

  1. 7,084 Posts.
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    Glad to see Alan Gray has just offloaded more than 8 millions shares and only has 12 millions left, it is fairly a mild retreat rather than a fire sale, which could have driven the sp to low 20s.
    With more than 5% changed hand in last few days, the new substantial owner will surface soon.

    Whilst today's sale number is positive, we may still see the cap around 32 cents in the next days/weeks, but that will eventually be over.
 
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