The company acknowledges that its facing immediate liquidity problems. On the same day it prevented unit-holders withdrawing from the fund, it began to liquidate large parts of its RVR holdings. It seems a logical conclusion that Ausbil is selling its holdings to meet its redemption commitments.
The 26 and 28 April Anns would presumably have created additional demand for Ausbil to sell into.
RVR Price at posting:
18.3¢ Sentiment: Buy Disclosure: Held