Why would he do it in one lump sum knowing it would reset the SP? There is enough interest i would have thought for the market to absorb that quantum over a few weeks around the 2.15-2.20 SP, whoever bought them just got a massive steal - assuming they revert back to 2.20 soonish, not bad going if you can make 10% on $10m in a couple of weeks...
Mind you, i guess it does signal Tom doesn't have much up his sleeve for a while or in the short term otherwise he would have waited till then before selling, given this appears to jump 5-10% on each solid announcement.
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Ann: Sale of Shares by Director, page-4
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Last
69.5¢ |
Change
0.040(6.11%) |
Mkt cap ! $262.9M |
Open | High | Low | Value | Volume |
66.0¢ | 70.0¢ | 65.5¢ | $535.4K | 795.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 54710 | 68.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
69.5¢ | 7887 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 54710 | 0.685 |
2 | 5740 | 0.680 |
1 | 730 | 0.675 |
3 | 37108 | 0.670 |
3 | 46060 | 0.665 |
Price($) | Vol. | No. |
---|---|---|
0.695 | 7887 | 1 |
0.700 | 44106 | 7 |
0.705 | 18298 | 3 |
0.710 | 87056 | 6 |
0.715 | 41399 | 3 |
Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
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EML (ASX) Chart |