My understanding is that these are ESG funds, which for those who don't know are Environmental, Social and Corporate Governance funds. By their nature they are long on stocks that tick all the boxes. The raising was well over subscribed so EGR would have been in a position to cherry pick the funds to enter. However the managing broker will have got their hands on some which could well be dumped back into market. Lets see.
As the shares aren't issued until tomorrow the new subs will then have another 5 days, I think, to disclose. Hopefully they'll announce sooner.
Ann: Change in substantial holding, page-20
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EGR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $52.21M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 11.0¢ | $10.7K | 96.24K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 78525 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 24871 | 2 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| EGR (ASX) Chart |