large holder selldown finished soon?

  1. 873 Posts.
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    I'm guessing its CBA entities that own the stubborn 1.57M parcel sitting there at 11.5 cents. It was at 12 cents for ages but no takers, moved it down recently to 11.5 and a few substantial bites.

    Who's game to take out the remainder?

    I'll be interested to see what happens after it gets taken out as there's virtually no sellers there after that. Or maybe there is still more waiting to appear.

    My main fear of buying too much ATM is that the half yearly is due out soon. I already have a good idea how it will look and it will be worse than last half on an operating basis. I'm fully aware of this and still rate it a strong buy at current price.

    The reason I'm concerned is that holders who haven't been following will see the drop in occupancy levels and sell out, leaving me overexposed and unable to pick up at a lower price.

    What are the current holders expectations of the half yearly report? Will you be surprised if you see occupancy levels in the low 80's?
 
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