4:17:19 PM
$1.640
14,458,904
$23,712,602.560
CXA SP XT
Movement at bombed out Bravura, Jarden crosses 6pc stake
As bankers run around and pitch Bravura Solutions as a take-private candidate, not everyone on the share register is sticking around to see whether it gets a bid.
Jarden’s equities desk crossed a line of 14.5 million shares at $1.64 a share late on Monday, narrowly below the $1.65 official closing price.
The stake represented nearly 6 per cent of Bravura’s shares on issue.
There’s a handful of substantial shareholders on the Bravura’s register who could’ve been the seller, including fund managers Invesco, Mawer Investment Management and Canada’s Connor, Clark & Lunn Financial Group.
Fundies reckon Invesco was the most likely seller, given it has been steadily reducing its stake in recent months.
It comes amid a torrid time for Bravura investors. The stock has halved in the past six months, with investors worried about its long-term contracts and inability to adjust pricing.
The dramatic fall has seen Bravura pop back up on private equity funds’ radars. The company was formerly owned by Sydney-based buyout firm Ironbridge.
https://www.copyright link/street-t...vura-jarden-crosses-6pc-stake-20220328-p5a8on
- Forums
- ASX - By Stock
- BVS
- Ann: Change in substantial holding
Ann: Change in substantial holding, page-3
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BVS (ASX) to my watchlist
|
|||||
Last
$1.32 |
Change
0.060(4.78%) |
Mkt cap ! $585.1M |
Open | High | Low | Value | Volume |
$1.31 | $1.32 | $1.27 | $443.2K | 340.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2964 | $1.39 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.22 | 2 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2964 | 1.385 |
1 | 1449 | 1.380 |
7 | 572 | 1.360 |
4 | 556 | 1.350 |
6 | 200 | 1.345 |
Price($) | Vol. | No. |
---|---|---|
1.220 | 2 | 1 |
1.240 | 62 | 1 |
1.245 | 1082 | 1 |
1.250 | 436 | 1 |
1.260 | 694 | 1 |
Last trade - 15.59pm 12/09/2024 (20 minute delay) ? |
Featured News
BVS (ASX) Chart |