According to the knowing data, Some instos including UBS, FMR US division were selling. They might have sold for whatever reasons based on their assessment. But they sold, might be a good decision, but also could a wrong decision. Just found FMG is trading at $4.4 now where it got shorted heavily and broker valuation was under $1, but share price is determined by savvy investors not necessarily being institutions, another perfect example was A2M.
http://hotcopper.com.au/threads/snapshot.2502364/#.V4YtXZDCaK0
1PG is still a startup tech stock with good tech team and platform. Long term value depends on future revenue.
I think medium term is a low risk play.
According to the knowing data, Some instos including UBS, FMR US...
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