BUD 0.00% 0.6¢ buddy technologies ltd

Ann: Appendix 3B, page-10

  1. 9,794 Posts.
    lightbulb Created with Sketch. 3490
    that funds who took place in the CR and just received 115M shares are crossing shares as they lighten or sell out their position

    these high volume churns are typical post a big CR - esp when the CR was at ~45% below the current sp

    there's always going to be natural profit taking on big investments up 45% in ~2 weeks.

    they dont necessarily tell you what happens to sp after the selling is finished though

    but with 115M new shares alloted this could go on for a few days
 
watchlist Created with Sketch. Add BUD (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.