Tyro - Business feedback, page-34

Institutional investors selling down is never positive news. If they were extremely bullish on a stock, you'd think they'd hold at any cost right? That being said, institutional investors sometimes have to rebalance their portfolios or lock in profit like the rest of us. Additionally, I’ve seen a myriad of other reasons for management selling: to cover a tax bill, divorce and maybe cause they've just bought that new Bondi apartment. So in summary, it's never positive news, but sometimes it can be just neutral/irrelevant news.