My comment was just a response to Jwoody asking what "Transitioning out" might mean.
The announcement showed a Net movement of about -3.7million shares broken up in about 5 pages of buys and sells, but there was a single different entry against 12/11/2021 that said "Transition Out" instead of Buy or Sell that accounted for about half of the net movement (-1.9million) shares.
Having never seen it before, I was just guessing that it might mean they were no longer managing that portfolio and so no longer held a voting right on those shares (with no actual knowledge on the subject (and no up-ramp/down-ramp bias)). i.e. No shares actually bought or sold, just FIL no longer controlling the voting rights on those shares.
I would be grateful if others with more knowledge on the subject could confirm/deny this.
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Last
10.0¢ |
Change
0.003(3.09%) |
Mkt cap ! $41.73M |
Open | High | Low | Value | Volume |
9.9¢ | 10.5¢ | 9.9¢ | $12.72K | 127.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 50204 | 9.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.0¢ | 69981 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 50204 | 0.098 |
4 | 865495 | 0.097 |
1 | 50000 | 0.096 |
3 | 176316 | 0.095 |
2 | 110000 | 0.094 |
Price($) | Vol. | No. |
---|---|---|
0.100 | 69981 | 3 |
0.105 | 90878 | 3 |
0.110 | 210058 | 7 |
0.115 | 122327 | 4 |
0.120 | 59907 | 7 |
Last trade - 10.43am 18/09/2024 (20 minute delay) ? |
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