Dunno if he is now, but it could have been when he sold them as according to Commsec:
"What are small caps?
These are all those companies that sit outside of the largest 100 on the ASX by market cap.
The S&P/ASX Small Ordinaries index represents those smaller members of the S&P/ASX300 index. It’s used as a benchmark for small cap Australian shares. Companies in this index generally have a market cap of a few hundred million to 2 billion."
Why does it drop lately?, page-29
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Last
$12.98 |
Change
-0.050(0.38%) |
Mkt cap ! $1.899B | |||
| Open | High | Low | Value | Volume |
| $12.97 | $13.05 | $12.79 | $8.927M | 688.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3292 | $12.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.98 | 1702 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| CTD (ASX) Chart |