Seems like this is just Fidelity selling down based on capital outflows from their fund. This is just normal selling pro-rated across their portfolio they would do as the market sells down their fund, it just ends up for us they cease to be a major shareholder.
see: https://www.morningstar.com.au/investments/security/fund/12292/performance
Significant negative investing flows (ie people cashing out).
Haven't run the numbers but suspect they haven't changed their relative exposure.
Still expecting a significant inflection point soon. Hoping it's before the nd of this FY, as have some tax headroom this FY!
Happy weekend all.
Cheers - YS
Ann: Ceasing to be a substantial holder, page-9
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Last
29.8¢ |
Change
-0.003(0.83%) |
Mkt cap ! $443.0M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.3¢ | 29.5¢ | $800.3K | 2.647M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 367735 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 337825 | 25 |
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| Last trade - 13.02pm 17/07/2024 (20 minute delay) ? |
| IMM (ASX) Chart |